Hello friends,
I would like to bring to your notice that we have filled a case against a person who has issued a cheque for rs.70000 before 5 yrs u/s 138 of N.I Act.On 01/09/09 the Judge has given the party one month time to repay the amount .The party has given us a cheque for Rs.10000 dated 02/09/09.When we presented this cheque to the bank , the cheque has returned back for insufficent fund.Pls guide me what should be done to punish him and to finish the case quickly.