Cheque bounce
4 years ago
Hi
I took car loan of Rs.650000 for five years and gave 5 blank cheque as security to bank ..but my business was'nt go well and because of that i couldnt pay my car loan Emi on time ...my Emi amt Rs.16000 so bank took my car within one year from date of purchase...bank already sold off car and recover the money..but meanwhile bank deposited all my blank cheque given at the time of taking loan...two cheque bounce of Rs.16000 each and third cheque of Rs.450000...since i dont have bal in my bank account the cheques got bounce and they file. Cheque bounce case against me...they deposited these cheques in kolkatta purposely...i stay in mumbai now they threating me to come in kolkatta ...
Pls advice me what i can do
You can live in your own way as per the recent Supreme Court verdicts.
Thanks
Sharanagouda S Patil
Responded 4 years ago
Sharanagouda S Patil
Responded 4 years ago
Rameshwar Dadhe
Responded 4 years ago
Shreyash Mohta
Responded 4 years ago
Or else, you can ask the court for change of court from kolkata to mumbai as it becomes difficult for you to come and on top of that you need to repay the money of the bank and your business sis not going well.
For the same please do hire a good lawyer from kolkata who shall help you with this matter.
Thanks
Adv. Shreyash Mohta
It is better to challenge such proceedings before High Court and get a stay order. It appears the said cheques were taken before delivery of the car that means before consideration is passed to you. There are so many technical points which will be argued before the High Court.
Thanks.