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tl himeshkumar (md)     29 November 2010

sec 188 ni act

Hello all. thi s is Himesh ,

regarding my sub I have issued 24 cheques fro a loan taken in an financing com-pany who told me as its for 20 instal ments and other one for pre emi and three cheques fro security.I hv taken a loan of Rs 100000.00on which they hav sanctioned RS 95400.00.now i have paid 12 insatll ments and form then i did payment by hand to an collection execuruve sent  by company.from then he didnt give recipt for three instal ment fro which I apid .so since then I stoped the payment of cheque by stop payment. at the time of sanctioned i havent filled any form or cheque.only I have signed over it and handed over to executuves of company who said melater they will show the copies of filled applications and cheque. now they  filed an criminal case aganist me (sec188 ni act).and only saying as 24 installments insted of 20.and even they themselves have filled the cheque amount and also loan application.Now what kind of bail can I provide fro this case and they havnt filed in the loan issued city instaed in they have filed at diffarent city.please do guide me regarding this.

waiting



Learning

 2 Replies

ashish lal (Advocacy)     19 December 2010

offence under 138 NI Act is a bailable offence therefore getting bail is not a problem.

You may move to High Court for transferring the case

 

tl himeshkumar (md)     20 December 2010

THANKS FOR UR ADVISE.

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