Cheque dishonour NI act 138 ,143
4 years ago
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 ?
A.Dear Sir,
Thanks.
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
Thanks.
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
Helpful
Helpful
Share
Suneel Moudgil
Responded 4 years ago
A.No, because as per NI act cheque should be made in discharge of legal debt
Helpful
Helpful
Share
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.
It depends upon the history of the case please share the details to know whether any benefit was accrued due to that transaction.
Helpful
Helpful
Share
Read Related Answers
Cheque Bounce - Recalling Arrest warrant without me or my advocate by the Judge
Dear Client,
In case of urgency, it will be open to the parties to mention the matter before the Hon'ble Court even before the scheduled hearing date for urgent listing or preponing the date generated...
Effect of section 25 payment and settlement act on government job
Dear Sir,
It is equivalent to cheque bounce case under Section 138 of NI Act. It is only a minor offence inviting minor punishment and between creditor and borrower. Police might not be having knowled...
Our pending payment is 44 lacs against
Dear Sir,
You may enter into settlement before the Criminal Court with a liberty to proceed in criminal way if remaining amount is not paid as per the agreed schedule of repayment.
Cheating with fake job calls
Dear client,
This kind of online fake jobs is being offered and operated by Fraudster companies/entities to extort money from unemployed youths. You already become a victim of that foul play and lost...
NI Act and Money Recovery Suit
Dear Client,
A criminal prosecution under Section 138 of the Negotiable Instruments Act against the drawer of the cheque can be initiated by the payee or holder of the cheque on its dishonor by the Ba...
Read Blogs on Cheque Bounce
Cheque Bounce Lawyers
Find Lawyers by Location