Cheque issue
2 years ago
I was given money to my friend four years ago and he issued me cheque with blank date.He failed to all his committed date and now not responding. I don't know issued cheque is valid or not. what i should do now?
Ankur Goel @ Complete Law Shield
Responded 2 years ago
A.First check if cheque is valid or not because lot of banks merged.
if it is valid cheque and you can deposit the cheque and sometimes people get lucky and cheque gets clear.
If cheque bounces then you can initiate cheque bounce.
if it is valid cheque and you can deposit the cheque and sometimes people get lucky and cheque gets clear.
If cheque bounces then you can initiate cheque bounce.
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A.Hi,
To begin, you should serve a legal notice requesting payment from your friend. If you have not got your money yet, deposit the cheque in the bank; if the cheque is not cashed, you can file a legal notice for cheque dishonour under Section 138 of the NI Act, which allows you to file a legal notice within 15 days. After that, you will file a lawsuit in order to get your money back.
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To begin, you should serve a legal notice requesting payment from your friend. If you have not got your money yet, deposit the cheque in the bank; if the cheque is not cashed, you can file a legal notice for cheque dishonour under Section 138 of the NI Act, which allows you to file a legal notice within 15 days. After that, you will file a lawsuit in order to get your money back.
If you find this answer helpful, please rate my answer. Thank You.
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Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hi,
To begin, you should serve your friend with a legal notice demanding payment. If you still have not received your money, deposit the cheque in the bank; if the cheque is dishonored, you have recourse under Section 138 of the NI Act, which requires you to file a legal notice for cheque dishonor within 15 days. After that, you can file a lawsuit for recovery.
If you find this answer helpful, please rate my answer. Thank You.
To begin, you should serve your friend with a legal notice demanding payment. If you still have not received your money, deposit the cheque in the bank; if the cheque is dishonored, you have recourse under Section 138 of the NI Act, which requires you to file a legal notice for cheque dishonor within 15 days. After that, you can file a lawsuit for recovery.
If you find this answer helpful, please rate my answer. Thank You.
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A.You should be very cautious, there are judges who do not entertain cheque bounce for time barred debts ( 3 years). Once the cheque is dishonoured, proper and careful drafting of demand notice is very important.
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Swatantra Kr. Yadav
Responded 2 years ago
A.Firstly we would have to serve the legal Notice to the opponent party and which is having the limitations period of 15 days then we would wait for the reply of opponent here after if the opponent party will send us reply ...if they would not sent the reply of our notice then we will file the recovery suit against the opponent party . If you want discuss more about they you may contact to me .... In phone calls or I will arrange the meeting at Google meet or any other web source
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Swatantra Kr. Yadav
Responded 2 years ago
A.What do you want you want recovery of the amount ? Then further I will proceed
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