Cheque bounce scenario
1 year ago
A know person had taken a loan of 2 lakhs from me with the agreement that he would pay a certain amount every month. For this we had made an agreement and he even issued post dated cheque. Towards the expiry of agreement Sep 2022, this person requested me to extend the agreement due to his ill health. We renewed the agreement with the clause that he would return 1 lakh after 6 months and the remaining 1 lakh at the expiry of agreement. I have two cheques for the same. One of the check is due in Mar 23.
If the cheque bounces will i be able to make a criminal case and get my money back especially since the person is saying he is sick.
A.Hello Sir,
According the agreement you have increased the time of the payment of money. If the cheque is issued According to the clause of agreement Nad if it is not breaching it then you can sue him for cheque bounce.
According the agreement you have increased the time of the payment of money. If the cheque is issued According to the clause of agreement Nad if it is not breaching it then you can sue him for cheque bounce.
Helpful
Helpful
Share
Read Related Answers
Misuse of security cheque
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...
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.
Read Blogs on Cheque Bounce
Cheque Bounce Lawyers
Find Lawyers by Location