Rpresntation of cheque before filing case u/s.138 of ni act
sudhakar s. yeradkar
(Querist) 20 June 2014
This query is : Resolved
Dear Sir,
We seek your expert advise on the following....
1.Can we represent cheque repeatedly to the banker for encashment till the end of its validity and issue demand notice to the cheque issuer at last attempt?
We would like to know advantages and disadvantages of the same.
thanks in advance.
SY.
Devajyoti Barman
(Expert) 20 June 2014
Yes if the endorsement in ' insufficient fund' or ' present again'.
Devajyoti Barman
(Expert) 20 June 2014
This is not a law class where you will be taught merits and demerits of any action.
Dr J C Vashista
(Expert) 21 June 2014
Any number of times it can be presented during its validity against the remarks insufficient funds.
Academic query may be solved through some law college/tutor.
Raj Kumar Makkad
(Expert) 22 June 2014
This is purely an academic query raised by a student.
T. Kalaiselvan, Advocate
(Expert) 24 June 2014
I agree, it appears to be an academic query by a student preparing for the examinations. Please read the concerned law thoroughly.