sec 420 - reg
A.P.Rajagopal
(Querist) 21 January 2011
This query is : Resolved
sir,
my client presented a cheque of his customer for collection which has been bounced by him and i failed to send a notice within 30 days and even its past 3 months and the cheque is not valid now since 6 months validity period has expired. filing a recovery of money suit as per cpc will come to halt after so many years and stamp cost also involved and hence shall he can be sued for breach of trust,forgery,cheating and fraud under ipc. is there any authority available for it. may kly be advised on this .
tks
raj
s.subramanian
(Expert) 21 January 2011
Taking criminal action will not help you to get back your money. It is better to file a civil suit for recovery of the dues.
S. Bharath
(Expert) 21 January 2011
I go with Mr. Subramanian; quite many cases like this get misdirected on ill advice, so please take proper professional advice.
abhishek
(Expert) 21 January 2011
YES, EXCEPT CIVIL REMEDY YOU HAVE NO REMEDY LEFT.
Kirti Kar Tripathi
(Expert) 21 January 2011
i also agree with Mr. Subramanian. Filing of civil suit for recovery of money is only remedy is available to you.
Ajay Bansal
(Expert) 22 January 2011
Please forget all the matter if you are unable to spent money on court fee.