N.I. Act 138.

Abhinay Kumar Shaw (Querist) 15 September 2009 This query is : Resolved
If a cheque issued by me on 04/09/2008 to the promoter and the same was dishonoured on 16/09/2008.
Can they file any case against me under N.I.Act 138.riven

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Sarvesh Kumar Sharma Advocate (Expert) 15 September 2009
cheque bounce IN 2008?
No way to file case against u under negotiable instrument act.riven

Sarvesh Kumar Sharma Advocate (Expert) 15 September 2009
abhinay ,
138 n.i.act is time limit case and the time is aftern bounce d cheque givin notice is 30 days.riven

Raj Kumar Makkad (Expert) 15 September 2009
No under 138 NI Act but can file a civil suit for recovery.riven

A. A. JOSE (Expert) 15 September 2009
Rightly advised by all experts hereinabove that procedure under NI s.138 is time bound and unless timely actions are taken one cannot avail this remedy.riven

Shivasurya (Expert) 15 September 2009
I agree with the above expertsriven

Sachin Bhatia (Expert) 15 September 2009
No they can not file any case against you under N.I.Act 138. Because your case is time barred.riven

Adinath@Avinash Patil (Expert) 15 September 2009
No prometer can't file pvt complaint u/s 138 of N.I.Act.But promoter can filr civil suit for recvory of cheque amount.riven

vinjamuri ranga babu (Expert) 19 September 2009
hi,
yes they can file after issuing the statutory notice to you.
vrriven

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