Monty (Jeweller ) 02 June 2024
Have done an exporting deal with an exporting firm given 1395000 through bank transfer and 2.5 lakh cash..and taken payment acknowledgement from firm on companys letterpad with signed and stamped and cheque of total amount 1645000 as a security.. now if on depositing and gets bounces. ..can I file case against that firm and claim my amount..?
Dr. J C Vashista (Advocate ) 03 June 2024
The deal is stated to be for an amount of INR/$ or any other currency for 13, 95,000/- out of it you have made cash payment of 2,00,000/- (Cash payment beyond 2 lakh is illegal and invalid transaction.) leaving balance of 11,95,000/- , whereas security cheque is stated to have been issued by you for 16,45,000/- which is unbelievable statement.
Besides this, you have stated that you have apprehension of the cheque being dishonoured, is it so ??
if so, you shall be prosecuted being drawer of the dishonoured cheque.
The facts posted are confusing, vague and full of "if and but" which make it hypothetical and not a real problem.
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