I entered into Franchise Agreement with Co. ABC Pvt Ltd. They collected Franchise Fees postdated cheques in the name of Co.XYZ LLP. All postdated cheques pertaining to Franchise Fees were honoured. But I stopped postdated cheque for service tax as ABC Pvt Ltd. refused to issue invoice . Neither XYZ LLP issued any invoice for Franchise Fees cheques collected.
XYZ LLP took us to Court now for sec 138 relating to Cheque bounce.
In their Evidence affidavit filed yesterday XYZ LLP mentions its a LLP company responsible to look after the work of Company ABC Pvt Ltd . Whereas we have not signed any type of agreement with XYZ LLP.
Am I liable to pay XYZ LLP since I have no business relationship with them.
Also can I claim back the Franchise Fees from XYZ LLP as I had no business relationship with them and out of ignorance I issued Franchise fees cheques to XYZ LLP as instructed by ABC Pvt Ltd.
Dear Client,
When a person issues a post-dated cheque against a promise or against any refund of money refundable by her or him and in the absence of any agreement, the cheque receiver holding the sa...
Dear Client,
When a person issues a post-dated cheque against a promise or against any refund of money refundable by her or him and in the absence of any agreement, the cheque receiver holding the sai...
Dear Client,
Incidentally, cryptocurrency/asset trading is neither illegal nor regulated by any specific legislation yet in India. The National Cyber Crime Reporting Portal(NCCRP) is an initiative of...
Dear Client,
To address a false complaint or false criminal proceedings filed against you, you can seek its quashing through a petition before the High Court under Section 482 of the Code of Criminal...
Dear Client,
Generally, FD can considered as a legitimate form of security for bail in cheque bounce case. However, in most of the cases it involves specific procedural requisites, wherein, the bank c...
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