money lending
3 years ago
one person here land money without any liance and cheat with people after interest and amount paid put there cheqe on court and demand much money is any thing we do on it , the money lending person take two blank cheqe , one stamp and pronot for it,
take 10000 ka 12000 13000 in daily installment , engry in diary ya whtup
A.Hi,
He can be punished under your state's Money Lenders Act. It is a punishable offence to lend money for commercial gain without a license.
You can also complain to the police about fraud and cheating under Sections 415 and 420 IPC.
If you found this helpful, please rate us.
He can be punished under your state's Money Lenders Act. It is a punishable offence to lend money for commercial gain without a license.
You can also complain to the police about fraud and cheating under Sections 415 and 420 IPC.
If you found this helpful, please rate us.
Helpful
Helpful
Share
Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
They can be punished under your state's Money Lenders Act. These legislations vary slightly from state to state, but they all make moneylending without license an offence. In addition, you can also complain to the police about fraud and cheating under Sections 415 and 420 IPC.
If you found this helpful, please rate us.
They can be punished under your state's Money Lenders Act. These legislations vary slightly from state to state, but they all make moneylending without license an offence. In addition, you can also complain to the police about fraud and cheating under Sections 415 and 420 IPC.
If you found this helpful, please rate us.
Helpful
Helpful
Share
Read Related Answers
Cheque bounce - investment expert
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...
Fake cheque bounce case
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...
FD as a security for bail
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...
Cheque bounce due to stop payment.
Dear Sir,
You just file cheque bounce case against him and then let him contest the case and prove his defence which is very hard.
Cheque bounce
Dear Client,
According to Section 138 of Negotiable Instruments Act, cheque bounce is a punishable offence with an imprisonment of up to two years and fine up to twice the amount of cheque. So, the ag...
Read Blogs on Cheque Bounce
Cheque Bounce Lawyers
Find Lawyers by Location
