cheque bounce

Querist : Anonymous (Querist) 03 April 2011 This query is : Resolved
dear all, as i am now facing a problem , as i hv been cheated by my friend for 25 lacks by giving me a cheque and its beeen presented by and got bounced as insufficient funds . the person now is in usa as resident of usa now what can i do for it?

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prashant pundhir (Expert) 03 April 2011
First you complete the first formalty and give him the notice well on time .

Arvind Singh Chauhan (Expert) 03 April 2011
Immediately issue legal notice within limitation period.

indrajit mukhopadhyay (Expert) 03 April 2011
issue legal notice under the provision of NI ACT.

Naresh Kudal (Expert) 03 April 2011
First of all issue legal notice under section 138 N.I. Act and you need not to be worried about service of summons upon him...

Kirti Kar Tripathi (Expert) 04 April 2011
As advised by experts immediately issue legal notice.

Raj Kumar Makkad (Expert) 04 April 2011
If your friend has fled in USA even then you can take legal action against him as per section 138 NI Act but make haste and serve him a legal notice as required under this section.

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