Legal Question in Credit and Debt Law in Pakistan

i have a business loss and i issued one year before some cheques to my investers as security now they r going for f.i.r how can i handle them legally. thnax


Asked on 12/05/09, 5:39 am

1 Answer from Attorneys

As of current situation the holder of the cheque is required to give a notice to the issuer of the cheque for payment therefore now you may have that time left to arrange the money. Although there may be another way of handling this aspect but you have to state the whole transaction.

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Answered on 12/08/09, 1:31 pm


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