karan 12 February 2020
Adv. Deepak (Advocate) 15 February 2020
If you have already given post dated or blank cheques to the financier/banker, then yes, they will put the cheque whey they will become due and may get cause to initiate action against you under section 138. It has nothing to do with how many cheques have been dishonoured and how much amount they have already recovered. If some amount out of 50 lacs unpaid is remaining due, then they can get the cause of action after cheques get dishonoured for the amount mentioned in the cheques.
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