Legal Question in Banking Law in Pakistan

if cheque is bounced and after that some payment out of total amount is paid,still FIR can be registered under 489F.

if it is proved that cheque has been given against business deal and that deal is not completed,still

FIR can be registered under 489F,whereas the cheque is been given by business company who is doing proper business in market and do not have intentions of cheating or fraud


Asked on 2/18/10, 12:44 am

1 Answer from Attorneys

if there is a business deal or no deal if the the cheque is given and subsequently dishonoured (few exceptions) and if the payment is due from the issuer of the checq , then it gives the cause of action for 489-f, though under the new judicial policy now the notice to the party before the lodgment of FIR is mandatory.though it is a case of further inquiry and if the drawer of the cheque malafide used to his benefit then you can claim for damages provided if you prove what you allege.

Read more
Answered on 2/26/10, 7:10 am


Related Questions & Answers

More Banking Law questions and answers in Pakistan