Dharamveer Nimiwal (Computer Engineer) 22 September 2011

Bond security check

A local company @chandigarh is hiring my friend but at same time asking him to give a 50,000 check as security amount. i.e. If she leaves the job before six months, they will not return the check back.

Please tell me What can happen if she gives the check now and leaves the job before six months, not having balance of Rs 50000 in her account at that time??

Is there any way to get rid of court-case at that time when she leaves the job..?

thanks in advance!

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3 Replies

Sandeep Aggarwal (Advocate) 22 September 2011

Dear nothing will happen. Just write on the back of the cheque as" security cheque in lieu of this job" and nothing is going to happen after six months or before six months. Go ahead. For further detailed talk call 9041688967. Sandeep Aggarwal Advocate.

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Dharamveer Nimiwal (Computer Engineer) 22 September 2011

But Sir, Some friends say if check bounces, it will be a matter under NI 138. Is it true?