LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Kiran Kiran (TL)     09 May 2016

138 cheque bounce

Hi, I have 3 cheques of 10laks each totall 30 laks. and 3 Promisory Notes 10laks each total 30 laks. Now I have bounced the cheques and need to send the demand notice of that chequ bounce. Do I need to mention the Promisory note as well in the chequ bounce notice or not required. 

Totally I need to get 30 laks only. Shall i mention 30laks Promisory note in the legal notice for strong implecation.



Learning

 2 Replies

adv. rajeev ( rajoo ) (practicing advocate)     09 May 2016

It is better to mention about the promissory note in the notice, even without mentioning it you can issue the legal notice.

saravanan s (legal advisor)     09 May 2016

Anyhow you need to show the liability that the borrower posess to return the amount to you.only then 138 nia is maintenable. The promissory note would be helpful for that

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading