Cheque bounced against our payments

Dadasaheb Durge (Querist) 22 September 2012 This query is : Resolved
sir
we have done work on mine site and we paid money to mine owner for his business by RTGs and few amount by cash .there were some disputs amoung us hence we filed suit in court against him .Then we compromise with him and we made agreement with him and same
is submitted in court to withdraw suit.he gave 5 cheques against work and refund of money as per agreement.two cheques were cleared now 3rd 1nd fouth cheques are bounced.
1)what legal action to be taken.
2)can he raise any query regardind payments, as he signed the account settaled and accepted by him and signed.

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Amit bhardwaj (Expert) 22 September 2012
Have U Present the Cheque within three months from the issuing date? if yes, then give a legal notice to him within one month from the date of cheque bounce. If he will not return the money to you, within 15 days from the date of receiving notice. Then you can put the case under NI act sec. 138.

Guest (Expert) 22 September 2012
Mr. Amit Bhardwaj has advised well and to the point.

ajay sethi (Expert) 22 September 2012
did th consent terms contain an undertaking clause?

Guest (Expert) 23 September 2012
Endorse the opinion of Mr.Bhardwaj.

Advocate Bhartesh goyal (Expert) 23 September 2012
Yes ,Mr Bhardwaj has opined the query in well manner.

V R SHROFF (Expert) 23 September 2012
CONSENT TERM BE EXAMINED.

ISASUE NOTICE U/S138 & LODGE COMP AS suggested by Mr. Bhardwaj

Ms.Usha Kapoor (Expert) 06 July 2018
Agree with Amit Bharadwaj.

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