I have got a cheque from a person against my due on him.
When i presented to my bank, I got to know that the cheque has been cancelled.
Now, legally it can be treated as "bouncing/dishounor of cheque". What legal possibilities i have in this matter?
Pramod Kumar (aaa) 04 June 2010
I have got a cheque from a person against my due on him.
When i presented to my bank, I got to know that the cheque has been cancelled.
Now, legally it can be treated as "bouncing/dishounor of cheque". What legal possibilities i have in this matter?
Daksh (Student) 04 June 2010
Dear Pramod Kumar,
The cheque might have been cancelled (though I have my doubt as it is not clear from your post that this has been confirmed in writing by the Bank) but the liability remains.
Put the other person on notice and seek discharge of his liability.
Best Regards
Daksh
Pramod Kumar (aaa) 04 June 2010
thanx for yr quick reply,
yes, bank has given me in writing. Actually the othe person has purposly cancelled the cheque as he is delaying my payment for a very long time.
RAKHI BUDHIRAJA ADVOCATE (LAWYER AT BUDHIRAJA & ASSOCIATES SUPREME COURT OF INDIA) 15 June 2010
u can represent the said cheque.or go to civil court for the recovery of that cheque amount.
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