Check bounce

anzal (Querist) 21 October 2012 This query is : Resolved
I HAD GIVEN A PERSON 6 LAKH FOR LEASE OF A CAR FOR 3 MONTH. AND ALSO MADE AN AGREEMENT FOR 1.25 LAKH, IN WHICH IT SAYS 'WHEN THE CAR IS RETURNED BACK AFTER THREE MONTHS THE MONEY HAS TO RETURNED BACK'. & FOR REST OF MONEY A BLANK SIGNED CHECK OF SOUTH INDIAN BANK WAS GIVEN.
AFTER 5 MONTH HE TAKEN BACK THE CAR & WHOLE MONEY WILL BE GIVEN BACK WITHIN 10 DAYS, BUT NOW 4 MONTHS ARE OVER AFTER HE HAVE TAKEN BACK THE CAR.
AND THERE IS NO MONEY IN THE ACCOUNT OF THAT CHECK
SO I WILL LIKE TO FILE A CASE.
WHAT SHOULD I DO ?

HOW MUCH TIME WILL THIS CASE MIGHT GO ON ?
WILL I GET MY COMPENSATION ?
WIL THERE BE ENQUIRY FOR SOURCE OF MONEY?
PLEASE GIVE ME GOOD ADVICE FOR ABOVE PROBLEMS

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Advocate Rajkumarlaxman (Expert) 21 October 2012
YOU HAVE DEPOSITED THE CHEQUE IN BANK. REMEMBER YOU HAVE TO SEND HIM NOTICE WITHIN 15 DAYS AFTER YOU RECEIVE MEMO FROM THE BANK OF CHEQUE BOUNCE. THEN ONLY CRIMINAL PROCCEDINGS AGAINST HIM CAN BE MOVED OTHERWISE YOU HAVE TO PROCEED IN RECOVERY PROCEEDINGS. PLEASE MOVE HIM AGAINST 138 N.I. ACT AFTER ISSUANCE OF NOTICE WITHIN 15 DAYS AND FILE A COMPLAINT AGAINST HIM IMMEDIATELY.

V R SHROFF (Expert) 21 October 2012
GET CHECK DEPOSITED IN UR ACCOUNT/ GET CHQ RETURN MEMO/ ISSUE NOTICE U/S 138 NI, FILE COMPL

Guest (Expert) 21 October 2012
Rxperts have advised rightly.

Dr J C Vashista (Expert) 22 October 2012
I concur expert's advise

anzal (Querist) 01 December 2012
the cheque was submitted in bank by 20/11/2012. & i recived the memo by 21/11/2012. i have seen a advocate & send him a notice on 26/11/2012. & not recived the acknowledgment yet. when should i submit the complaint ? . is there problem if he didn't recieved the notice. The notice has been send in his present , should i send it in his bank address

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