Is a second party investment a debt?
Is a second party investment a debt?
An agreement was signed between four people. In that agreement, we represented the first party. The second party has used the cheques of our company (sole proprietor) to file a cheque bounce case on u
1 year ago
A. Dear Sir,
The Magistrate Court not having powers of discharge as it is a summons case. If cheque bounce notice and cases file then you have to take such defence and ultimately it may be quashed if you go to High Court, since you have no liability to pay any amount.
Is a second party investment a debt?
An agreement was signed between four people. In that agreement, we represented the first party. And the second party invested a sum of 15 lakhs and clearly mentioned in the agreement that at anytime t
1 year ago
A. Dear Client
If a written agreement has been signed by all parties and notarized, it is considered a legally binding contract. The terms and conditions outlined in the agreement are enforceable, regardless of whether or not all parties followed them.In your case, the second party invested a sum of 15 lakhs with the expectation that they would receive a return on their investment, along with the investment amount. If the investment agreement stated that the investment would be repaid with a 10% s ...ReadMore
Money recovery
Sir mene kisi ko 2 saal pehle pese udhar diye the or usse ek signed blank chaque or revenue stamp liya tha lekin wo ab pese nhi lota rha he
1 year ago
A. Dear Sir,
You may fill in the blank cheque and bounce it then file cheque bounce case as follows:
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Cheque bounce FAQs Negotiable Instruments Act
1A. Amended Cheque Bounce Provisions- 143A & 148…what is it?
Ans: Section 143A- It empowers the Court to order the drawer of the cheque to pay Interim Compensation - 20% - Without depositing this amount the accused cannot defend the case.
Section 148 – It empowers the Appellate Cou ...ReadMore
Cheque Cheating Case
I borrowed 3 lakhs from a person and given 2 blank cheques, i paid 3 lakhs back now and he only one cheque given back, then second cheque now he filed a case by through his own jewellery shop bill of
1 year ago
A. It is an offence. File a suit in the court Under Section 138 of the negotiable instrument act. Tell the circumstances under which the cheque was signed and how the accused had misused it.
Cheque bounce scenario
A know person had taken a loan of 2 lakhs from me with the agreement that he would pay a certain amount every month. For this we had made an agreement and he even issued post dated cheque. Towards the
1 year ago
A. Hello Sir,
According the agreement you have increased the time of the payment of money. If the cheque is issued According to the clause of agreement Nad if it is not breaching it then you can sue him for cheque bounce.
Appeal to be filed against Order of Distt Magistrate to deposite 20 % amount of penalty in appeal filed against order of Juditial Magistrate trail court
How to file appeal against Order of Addl magistrate whi ordered to deposite 20℅ amount of cheque amount against conviction & penality Order passed by trail court megistrate in cheque bounce case
1 year ago
A. If you wish to file an appeal against an order of the Additional Magistrate, you can follow these general steps:
Obtain a certified copy of the order: Request a certified copy of the order from the Additional Magistrate's court.
Prepare the appeal: Prepare a memorandum of appeal that sets out the grounds on which you are challenging the order of the Additional Magistrate. You may need to seek the assistance of a lawyer to help you prepare the appeal.
File the appeal: File the appeal in the ap ...ReadMore
Cheque bounce
Sir mene cheque bounce case ki settlement kiya jisme mujhe har mahine installment pay karna hai 26 ko iss baar ki installment main 4-5 din baad pay kar paunga . Kya ek baar ye delay maaf ho jayega
1 year ago
A. Dear Client
The terms of your settlement agreement would determine whether a delay in making an installment payment is permissible or not. In most cases, settlement agreements are legally binding contracts, and they specify a set of terms and conditions that both parties must follow.
If your settlement agreement allows for a grace period or if there are no provisions in the agreement that specifically prohibit a one-time delay, then it may be possible for you to make the installment payment a f ...ReadMore
cheque bounce - A madam has given me 2lakhs
A madam has given me 2lakhs on 15th mar21 and ask to give me max returns near to 10% per month. i regularly given 25k every 15th from next month till jun22.again on 15th aug 21 she give me 5lakhs and
1 year ago
A. It is important to consult with a lawyer in your jurisdiction to get proper legal advice on how to proceed. Based on the information you provided, it appears that there is no written agreement specifying the terms of the loans and the interest rate, and there is no evidence that you have promised to pay the additional 7 lakhs. If this is the case, you may have a defense against the claim that you owe the additional amount.
It is also concerning that the lender has taken a post-dated cheque with ...ReadMore
Selling a property used as a suerty for bail 138 of NI act
I had to submit my property land tax receipt for the bail of my friend who was booked for a bounced cheque case. Now I need to sell the property, Can I sell it?
1 year ago
A. Dear Client,
You can take the help of some Advocate of this field so that they can help you in this in better way.
Summon Received Against Cheque Bounced Case
Hi , I booked a flat on Aug-2011 in Gaziabad and take the mortgage home loan from NBFC and NBFC paid the all home loan amount in favor of builder. Possession not given till yet which was given on Dec-
1 year ago
A. Dear Client,
Yes, the bank can present the security cheque as it is pledged not for the present but for future.
Hope , it is helpful
