Cheque bounce - I was given a check of 25 thousand
1 year ago
I was given a check of 25 thousand to a person. But I didn't want to pay the person and stopped online as I lost the check number. Later he deposited the check in the bank and got the message "stopped by drawer". So now he is threatening legal action. So what will be the action?
A.Dear Client
If you stopped payment on a check that you gave to someone and they subsequently deposited it in the bank but received a "stopped by drawer" message, this may be considered a breach of contract and could lead to legal action against you. Moreover, losing out the cheque number will not absolve your liability. I will advice you to seek an expert legal advice over this matter.
If you stopped payment on a check that you gave to someone and they subsequently deposited it in the bank but received a "stopped by drawer" message, this may be considered a breach of contract and could lead to legal action against you. Moreover, losing out the cheque number will not absolve your liability. I will advice you to seek an expert legal advice over this matter.
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
