Seeking Guidance for Loan Settlement Case - Cheque Bounce
Seeking Guidance for Loan Settlement Case - Cheque Bounce
Hi everyone, In 2004, my father took a loan of 32,000 rupees from the Bihar State Minorities Financial Corporation (BSMFC). He used to repay the loan through monthly EMIs via cheques. During that ti
7 months ago
A. Dear Client.
Approach your Bank for settlement on repayment of the outstanding amount of the loan and request for disposal of Court case based on out-of-court settlement. , Lenders are not legally obliged to settle a debt lowering your outstanding debt, but because they want to protect their bottom line, they may agree to a debt settlement to avoid further financial loss. You can try to negotiate a debt settlement on your own if your pocket permits to repay the entire outstanding at a time for a ...ReadMore
Cheque bounce - A person gave me 5 lakh cheque
A person gave me 5 lakh cheque for July 24 now he is saying not to deposit cheque in bank as he has no money And if i put also it ll bounce How can I sue him
7 months ago
A. Dear Client,
If someone has given you a cheque for a specific amount, and they are now informing you that the cheque will bounce because they have insufficient funds, you have legal options to address this situation. Here are the steps you can take:
Communication: Start by communicating with the person who issued the cheque. Ask them to provide a valid reason for the cheque bouncing and whether they can make alternative payment arrangements.
Notice of Dishonour: If the person is unwilling to ...ReadMore
Someone kept my signed cheque and black mailing me.
A deal was for a govt job .I was gave him my signed cheque to him as security purpose but nothing done by him but still he is blackmailing me for money now what can I do... kindly help me by ur sugges
7 months ago
A. Dear Client,
When the subject matter of any deal or contract is itself void under the relevant law, you are alone be held responsible for the consequences arising out of your foul play. Based on the vague assurance of the concerned person you issued a blank cheque for the said voidable contract and by doing so you put yourself in the trap/glitch of the blackmailer who is now threatening to extort money from you on either pretext with ulterior motives. So, at the moment, you have no other way but ...ReadMore
Cheque Bounce case
My supplier has to pay me 22 lakhs from 2020 February ..till now he has not paid & we registered a case in MSME .after 10 months hearings MSME released order that supplier should pay 22 lakhs plus Com
7 months ago
A. Dear Client,
In India, court fees are generally calculated as a percentage of the claimed amount. The court fee for filing a Section 138 case is typically a percentage of the amount mentioned in the bounced check. Here's a general breakdown:
Stamp Duty: Stamp duty is the primary component of court fees. It is typically calculated as a percentage of the face value of the dishonored check. The exact percentage can vary from state to state. For example, it can be around 1% to 2% of the check amou ...ReadMore
I face problems in cheque bounce case
Hi myself Santosh , I face problems in cheque bounce case.. We send three times legal Summon to guilty person but they didn't accept the summons by changing their address What to do
7 months ago
A. Dear client,
The summons is an order of the court. If you ignore the order then a warrant can be issued for arrest. The penalty will be related to contempt of court. “Failure to Appear” in most states results in a bench warrant, an arrest warrant issued by a Judge.
A shop owner cheated me i paid an amount for buying a product but he didinot give me the product
Can i file a case in consumer court? What should be the legal procedures when i file a case
7 months ago
A. Dear Client,
1. Send a Legal Notice: Before filing a case, it is advisable to send a legal notice to the opposite party, in this case, the prospective employer. The legal notice should outline the facts of the case, the demands made by the employer, and the legal remedies sought. The notice gives the opposite party an opportunity to respond and resolve the matter.
2. Prepare the Complaint: If the issue is not resolved through the legal notice, you can proceed to file a complaint in the appropr ...ReadMore
cheque bounce - case is valid under nia act
i take loan through bank transfer 20/05/2016 i give blank cheque and promicery note after 8years the case is valid under nia act the age of the cheque is 8years ago
7 months ago
A. Dear Client,
A criminal case under section 138 N I Act can be filed within three months from the date on which it was presented in the bank. Since there is no date on an undated cheque so the person holding the cheque is free to present the same on any date by putting a date on the cheque. The Supreme Court in the case of Sripati Singh v. State of Jharkhand, 2021 SCC OnLine SC 1002, decided on 28.10.2021, held that a cheque issued as security pursuant to a financial transaction cannot be consid ...ReadMore
check bounce and ppromicery note
i take loan 10lakhs through bank transfer in 20/5/2016 to my relative i give 2blank cheque and 2 promicery notes 8years ago he gives me money for give money to people and sent to my account after loss
7 months ago
A. Dear Client,
A criminal case under section 138 N I Act can be filed within three months from the date on which it was presented in the bank. Since there is no date on an undated cheque so the person holding the cheque is free to present the same on any date by putting a date on the cheque. The Supreme Court in the case of Sripati Singh v. State of Jharkhand, 2021 SCC OnLine SC 1002, decided on 28.10.2021, held that a cheque issued as security pursuant to a financial transaction cannot be consid ...ReadMore
Some one has file a case against me and sent the summon on wrong add
Some one has filed a false case of cheque bounce against me in 2018 in Haryana, and mentioned the wrong address in the court. Now since last 4 years court continually sending the summon on that wrong
7 months ago
A. Dear Client,
I can offer some general guidance on how to address the situation if a false case of cheque bounce has been filed against you, and you've learned that summonses and a warrant have been issued to an incorrect address.
Contact an Attorney: It's crucial to consult with an attorney who specializes in criminal law and can assist you in addressing the situation. They can guide you through the legal process and help you take appropriate action.
Verify the Case Status: Work with your at ...ReadMore
Cheque bounce
I have given a blank cheque to a person by mistake and to rectify my mistake i stopped that cheque using yono sbi. Even though The cheque has been stopped the person submitted the cheque in bank and t
7 months ago
A. Dear Client,
As per the cheque bounce case rules, a legal notice has to be served within 30 days of the instance of dishonor. The purpose is to give the drawer of the cheque a proper notice regarding the cheque returned irrespective of the reason behind the dishonor of the cheque and a chance to repay. The notice here specifies a 15-day term to repay the debt amount. Cause of action arises when notice is served on the drawer and the drawer fails to make payment of the amount of the cheque within ...ReadMore
