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Nilesh Parakh (Proprietor)     18 November 2013

Negotial instrument act.

I have given one of my CA friend interest free hand loan of Rs. 5 Lacs. for 6 months (for his official requirement),

we have made a formal notarised hand loan agreement with him. He has given 3 cheques as security against the hand loan. Cheques were mentioned in the agreement.  

In case of default in repayment of such hand loan & cheque bounce due to insufficient funds, what remedies are available with us

 

waiting for your reply at the earliest.



Learning

 1 Replies

ashok kumar (Social Worker)     18 November 2013

U call me on 9829059290


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