my father given 14 lakhs to a guy and get blank cheque without a promissionary note. now check is bounced. give some suggestion to get my money back from that guy.
when cheque is bounced, there is mandatory period to give notice, approach local advocate
Rama chary Rachakonda
(Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )
20 November 2018
The first step in the process of debt recovery will be to a send a legal notice to the defaulter.
If you still don’t receive the payment, you can go for one of these options; Summary Suits, Negotiable Instruments Act, Criminal case or Insolvency and Bankruptcy Code.
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