Bounce cheques
somesh
(Querist) 14 September 2013
This query is : Resolved
Dear Experts
I have number of cheques issued by one of my client in late 2011 & early 2012
these cheques were bounced thrice and as i was on the side to maintain business relation did not took legal path to recover the amount.
but now non of the responsible person is taking my calls neither replying my mails even they are not ready to meet personally to clear the matter and the amount is huge.
Please advice how to recover this amount legally or illegally as this is my hard earned money and i am paying interest to the bankers for the said amount.
Awaiting
Thanks
ajay sethi
(Expert) 14 September 2013
issue legal notice . file summary suit to recover the outstanding amount
Nadeem Qureshi
(Expert) 14 September 2013
You can file a civil suit under Order 37 of Cpc against them to recover your money before civil court.
there is no opinion on illegal way
Rajendra K Goyal
(Expert) 14 September 2013
No action can be taken U/s 138 NI act now on these cheques, file recovery suit.
V R SHROFF
(Expert) 23 December 2013
CONSULT LOCAL LAWYER AND FILE RECOVERY SUIT, AFTER ISSUE OF LEGAL NOTICE