Negotiable act

Querist : Anonymous (Querist) 03 September 2011 This query is : Resolved
Sir, Please let me know in case if legal notice for bounce of chq. received, and no reply possible in 15 days, can the complainant file FIR, or whether police action takne ? what is to do for such legal notice received by me.

Follow Query

Report Abuse

prabhakar singh (Expert) 03 September 2011
If you have received a notice due to bounce of a cheque you need to arrange payment to the payee with in 15 days failing which your offence is committed unless you have requested for time to pay and the payee has acceded to your request.

In case you have failed to do as stated above and have not paid the amount of cheque,the payee in his right can file a criminal complaint against you u/s 138 of Negotiable Instrument Act.
The police would be involved for service of summons on you when magistrate taking cognizance of offence summons you.

Sailesh Kumar Shah (Expert) 03 September 2011
Expert : Mr. Prabhkar Singh rightly advised you.

ajay sethi (Expert) 03 September 2011
experts have rightly advised you

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries