FD as a security for bail
FD as a security for bail
There is a court case regarding a security cheque being bounced for which we need to appear and in order to get the bail we were thinking of using FD as a security but Lawyer is saying only registry o
1 day ago
A. Dear Sir,
Just follow the instructions of your lawyer because there are the masters of your Court procedures and each State there are different norms to accept security.
Cheque bounce due to stop payment.
I need a clarification on a cheque bounce case. I have sent around 15 lakh through online to my friend’s business account for his business purpose by taking a loan on my name . He started paying the
1 day ago
A. Dear Client,
When a person issues a cheque against a promise or against any refund of money refundable by her or him and in the absence of any agreement, the cheque receiver holding the said cheque is free to present the same for encashment and on presentation, if the cheque is dishonored or bounced for any reason, then holder of the Cheque can file a criminal suit against the drawer of the cheque under section 138 N I Act, 1938 within three months from the date on which it was presented in the ...ReadMore
Cheque bounce
I had a cheque bounce in private finance I got a call from police station saying I was a ci and I got a case file on you from public prosecutor sec 138&141 He is asking me to settle now itself otherwi
2 days ago
A. Dear Sir,
It seems it is a false and fake call because public prosecutor cannot file complaints under Section 138 and 141 of Negotiable Instrument Act.
Cheque bounce case
Arrest warrant issued quoting cheque bounce 5year before. No intimation is received to me regarding this till now directly arrest warrant issued.
2 days ago
A. Dear sir,
You must appear before the court through advocate and get bail by depositing up to rupees ten thousand as security. It seems you have given undated signed cheque and the other side might have mentioned the recent date.
cheque bounce case
sir my friend gives money as a loan in 2016 .15lakhs through bank transfer i issued blank promicery note and blank signed cheque.after he recover money but the not returned my promicery note and cheq
2 weeks ago
A. Dear Client,
A promissory note is a legally binding document outlining a debt repayment agreement between a lender and borrower. It's enforceable under state laws and can be used as the basis for a lawsuit under the Negotiable Instrument Act, 1938, if repayment isn't made. Promissory notes typically have a validity of three years from the date of execution.
Similarly, issuing a blank cheque implies a promise of payment, and if it bounces, the holder can file a criminal suit under section 138 ...ReadMore
Cheque bounce case
sir i taking loan to my friend in 2016 he transfer money through bank account i give blank pronote and cheque.he recover money they didn't retun my note and cheque .he files case on me he fills pro no
2 weeks ago
A. Dear Client,
A promissory note serves as a legally binding promise to repay a debt, typically containing loan terms and signatures from both parties. Under the Negotiable Instruments Act, 1938, lenders can claim repayment by filing suit within three years of execution. Similarly, issuing a blank cheque without a specified date or amount allows the recipient to fill in details and cash it. If the cheque bounces, the recipient can file a criminal suit within three months under Section 138 of the ...ReadMore
Effect of section 25 payment and settlement act on government job
Hello respected sir /madam , I have been selected in bank as a government employee and my joining us within 2-3 weeks but I have one pending case of section 125 for pending emi . My police verificatio
1 month ago
A. Dear Client,
Section 25 of the Payment and Settlement Systems Act, 2007 stipulates that when an electronic transfer of funds fails due to insufficient funds or exceeding the payer's credit limit, the payer may face imprisonment for up to 2 years, a fine twice the amount of the transfer, or both. Dishonoring an electronic funds transfer is deemed a punishable offense under this section.
Moreover, the principle that suppression of material facts by a litigant disqualifies them from obtaining re ...ReadMore
Our pending payment is 44 lacs against
Our pending payment is 44.6 lacs against which we filed case of 138 .DCP issuied arrest warrants against our criminal FIR on 1/3/24.The party want to make 5 lacs payment by Draftas part payment agains
1 month ago
A. Dear Client,
You have the option to enter into a settlement before the Criminal Court, including an agreement outlining the terms of repayment. This settlement could grant you the liberty to pursue criminal proceedings if the remaining amount is not paid as per the agreed-upon schedule. This approach allows for a negotiated resolution while preserving the option to escalate the matter legally if the terms of the settlement are not met.
Negotiable instrument act
Case dismissed holding court has no jurisdiction Can another complaint be filed in court having jurisdict now
2 months ago
A. Dear Client,
The latest ruling on territorial jurisdiction for cheque bounce matters under Section 138 of the Negotiable Instruments Act (NI Act) comes from the Supreme Court case of M/s T.P. Murugan (Dead) through Lrs. Vs. Bojan (2018) 8 SCC 469. The apex court, in its landmark judgment, emphasized that the place where the cheque is dishonored is the determining factor for establishing territorial jurisdiction. This ruling aligns with the legislative intent of Section 138 of the NI Act, which s ...ReadMore
For filing case as per 138 ni act
Court fee for filing a case under 138 of NI Act for recovery of Rs 280000
2 months ago
A. Dear Client,
The Court fees are levied for filing a complaint under Sec.138 of N I Act based on state-specific Court fees Act and rules. In Maharashtra Court fees of 2% of the cheque amount is levied for filing a case under Sec. 138 of the N I Act. For specific information, you need to consult with a local Advocate for guidance and steps
