Check bounce

5 years ago

Hi Sir, in some monetary transaction with my friend I have given him a loan of rupees 75K of rupees through check which was unfortunately got bounced...by knowing this I have paid him the money through net banking in two instalments and when I ask him to return the check he didn't give, instead he black mailed me that he will go and book a case...inspite of requesting many times he didn't return me the check and he has again represented the same check in the bank for clearing after 45 days which I was already stopped...
could you pls let me know how can I proceed in this situation, will I get any penaltites from him for this action

Previous Question

Next Question

Deepak Yashwantrao Bade

Responded 5 years ago

A.dear client in your matter you should do is to send him a Legal Notice straight away demanding the HELP offered from your side and also you have the right to sue him.

Helpful

Kishan Dutt Kalaskar

Responded 5 years ago

View All Answers

A.Dear Sir,

You can resist the same on several grounds. Get an endorsement from bank as to when such cheque leaf was issued to you.

Helpful

Ved prakash Shaw

Responded 5 years ago

A.U serve notice by regd.post with AD stating that u have made payment towards bounced cheque and demand return of original cheque.send notice immediately before he files cheque bounce case against u.Better take the help of advocate.Keep all copies of documents safely

Helpful

ANIL KUMAR PC (Notary)

Responded 5 years ago

A.immediately sent a lawyer notice by stating that payment against the cheque already repaid and for return of cheque. Please contact for sending notice. Your notice must reached first to his address.

I am charging for sending legal notice is @ Rs 2500+500.

ANIL KUMAR
Standing Counsel High Court of Kerala.

Helpful

Read Related Answers

Sbi account put on stop by cyber security

Dear Sir/Madam, Under the following provisions the Hon’ble Magistrate Court having ample powers to unfreeze the Bank accounts. Further, the Hon’ble Court has vast powers to hand over the properties/v...

My bank account got freezed

Dear Client, Once a cybercrime scam or fraudulent transaction is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating tea...

Bank loan harassment

Dear Client, In the given scenario, you can escalate your grievance with the Grievance Redressal Officer of the concerned Bank, and in case no suitable response is received from the GRO of the Bank yo...

Online Gaming -Can I be sent to Jail

Dear Client, The Information Technology Act 2000 regulates cyber activities or online gambling in India. There is no explicit law that makes online gaming and gambling an illegal activity in India. O...

Online Gaming- Debit freeze

Dear Client, Your query requires more details to address it suitably. You expressed your situation but not a cause of action that attracts a legal remedy. It is a virtual platform where in the absenc...

Read Blogs on Banking

Income Tax Act Explained

Relationship between banker and customer in banking law

Banking Frauds and Banking Law in India: Legal spectrum

Demystifying India's Banking Regulation Act: A Crucial Pillar of Financial Governance

Unveiling the Crucial Role of Lawyers in Financial Banking

Banking Lawyers

Kolkata

Bangalore

Mumbai suburban

Prabhakara S K Shetty

Bangalore

View Full Profile

Arvind Tripathi

Allahabad

View Full Profile

Type of Consultation	Fees
Phone Consultation	₹	Not Yet Updated
Meeting Consultation	₹	Not Yet Updated
Email Consultation	₹	Not Yet Updated
Video Conference	₹	Not Yet Updated
Request for quotation from the Lawyer.