Negotiable Instrument Act.
Gaurav Pandya
(Querist) 27 June 2009
This query is : Resolved
For the accused side in M. P.'s District Court @ Jabua - The Stage is Recall of Bank officer.
(1) Complainant has not filed complain with cheque return stemps on cheques ?
After when they give the original check they get the stemps on cheques.
Is this point useful ?
(2) The cheques were of Security Deposit.
Than in N. I. Act it is useful to accused that the cheques were for the security deposits not for payment ?
(3) In core banking,
(A) there are not charges cut from account for cheques return ?
(B) The cheques were return after 4 days in local clearing and even though there are not stamps on cheque ? Is this complain maintanable ?
Is this point useful ?
(4) What will happen, is it possible, If the accuse dont want to go with more dates & proceedings and he is ready to pay the amount of cheques as compromise.
What will be thinking of the court ?
Please give me the detailed replies, and if possible than with citations...
gaurav_the_great@hotmail.com
PALNITKAR V.V.
(Expert) 27 June 2009
already replied. Query needs to be closed as resolved.
