Dear sir
We had supplied material to a private limited co and obtained PDC from the co . The cheques are signed by authorized signatory who is not a director . However the authorized signatory is the main person looking after the business and takes all decision but in co books he is not a director.
Now
1. Some cheques have expired i.e. more than three months old and co is not giving fresh cheques against these cheques.
2. Some cheques are returned with remarks account closed .
Pl advise what action can be taken for recovery . Whether criminal and civil both action can be taken .
We also require a lawyer who can deal with this situation effectively.
