Cheque bounce case - Company limited
2 years ago
Company limited and listed in exchange has gone in bankruptcy and cheques are bounced , my brother is an employee who was aurthorised signatory
A.Dear Client,
the cheque bounce cases can neither be instituted nor be continued against companies that are facing insolvency proceedings and are protected under a provision of the Insolvency and Bankruptcy Code (IBC) putting a moratorium on legal proceedings against them.
Thank You
the cheque bounce cases can neither be instituted nor be continued against companies that are facing insolvency proceedings and are protected under a provision of the Insolvency and Bankruptcy Code (IBC) putting a moratorium on legal proceedings against them.
Thank You
Helpful
Helpful
Share
Read Related Answers
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...
Cheque bounce case
Dear Client,
a cheque bounce case under sec 138 of the NI act must be filed within 1 month of the act and legal notice must be sent within 45 days of the offence, but if the arrest is made 5 years af...
Read Blogs on Cheque Bounce
Cheque Bounce Lawyers
Find Lawyers by Location