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Q. Cheque dishonour NI act 138 ,143

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Raju Khan

posted 5 months ago

Q.Cheque dishonour NI act 138 ,143
Kya share market me ki cheque se ki gayi investment Cheque dishonour act ya NI act sec 138 ya 143 ke purview ke under aata hai ?

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Munish kumar Goyal

Experience: 6 Year(s)

Responded 3 months ago

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A. ) Dear Sir,

Please call me and take legal consultancy on my mobile through the administrators of this website.
Cheque bounce is a criminal offence and covered under negotiable instruments act. Person can get 2 year Punishment and double the amount as fine.

Regards
Munish Goyal Advocate

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Suneel Moudgil

Experience: 15 Year(s)

Responded 4 months ago

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A. ) No, because as per NI act cheque should be made in discharge of legal debt

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Kishan Dutt Kalaskar Retired Judge

Experience: 33 Year(s)

Responded 5 months ago

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A. ) Dear Sir,
It depends upon the history of the case please share the details to know whether any benefit was accrued due to that transaction.

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