icon Cheque bounce - maximum age limit for the person

Sir what is the maximum age limit for the person who can give surety to bail someone in cheque bounce case and how many surety are required 1 or 2

2 Response(s)

7 months ago


A. Dear client,
The surety might be someone who is an Indian citizen with a permanent address. Typically, the surety is a relative or a friend of the accused. There is no such age limit for surety for the purpose of granting bail. However, the Court has the discretion to grant or reject bail to the accused.

Helpful
Helpful
Share
icon Court judgement ER

1. Why is it meant by the court judgement ER. This relates to a cheating case cheque bounce case pending in court since 5 years. The court case current stage says ER. 2. Also. If the judgment is passe

2 Response(s)

8 months ago


A. Dear client,
An NBW will stay in effect as long as it is not executed or periodically recalled; the magistrate must extend its validity in order for it to do so. Therefore, you must contact an attorney to request the issuance of an anticipatory bail against the Non-Bailable Warrant of Arrest from the relevant Court and to take additional actions for the recall of said NBW if one is issued in a case involving a cheque bounce.

Helpful
Helpful
Share
icon Cheque bounce - complaint first in local police station

1st step on cheque bounce should I complaint first in local police station or can directly serve notice through advocate

1 Response(s)

8 months ago


A. Dear client,

In case of a bounced cheque, the first step you should consider is issuing a legal notice through your advocate to the person who gave you the cheque. This notice informs them about the dishonored cheque and demands the payment of the cheque amount within a specific period, usually 15 days.

Sending a legal notice demonstrates your intent to take legal action if the matter is not resolved amicably. It also gives the person an opportunity to rectify the situation and make the paymen ...ReadMore

Helpful
Helpful
Share
icon Bajaj finance cheque bounce

How to escape bajaj finance cheque bounce

1 Response(s)

8 months ago


A. Dear client,
Some of the measures you can take are:
Collecting all the important documents
Contact the bank and collect information regarding the dishonour of cheque
Hire a lawyer and reply to the legal notice of the bank
File a counter case

Helpful
Helpful
Share
icon Negotiable Instrument

Sir, in a case where multiple complaints have been lodged against a person for dishonour of 4 cheques given to the same party in discharge of the same liability what would be the quantum of punishment

2 Response(s)

8 months ago


A. Dear Client,
According to Section 138 of the Negotiable Instruments Act of 1881 dishonor of a cheque is a criminal offence. A person accused of culpable offence under Section 138 of the Act can be made liable for a punishment that may extend up to 2 years of imprisonment or a fine that may extend up to twice the amount of the cheque in dispute, or both. Apart from this, banks also charge penalty for dishonour of cheque. The penalty varies from bank to bank. KARNATAKA HIGH COURT in case of S. K ...ReadMore

Helpful
Helpful
Share
icon ECS BOUNCE IN ADAY 5-7 TIMES

i TAKEN A LOAN FROM NEWGROW (NBFC) COMPANY AND GIVEN CONSENT TO MANDATE FORM FROM MY SAVINGS ACCOUNT. IS IT LEGALY CORRECT THAT IN ADAY 5-7 TIMES CAN PLACE

2 Response(s)

8 months ago


A. Dear client,

A mandate is a permission given to a financial institution to deduct funds directly from your savings account to repay the loan or make other payments. If you have provided consent for such a mandate as part of the loan agreement, it is essential to carefully review the terms and conditions to understand the specific details regarding the number and frequency of these deductions.

Typically, the terms and conditions of a loan agreement should clearly specify the frequency and timin ...ReadMore

Helpful
Helpful
Share
icon Cheque payment - blank cheques

We had given blank cheques to a co as gurantee in the course of trade as stockists of their products. The co was unable to fullfil the conditions of our agreement which resulted in our having stocks v

2 Response(s)

8 months ago


A. Dear Client,
When a business transaction is made through the execution of an agreement, until and unless the agreement is revoked or terminated in terms of the said agreement, the conditions of the said agreement remain enforceable. Further in the absence of specific conditions that empower you to terminate the contract for any deficiency in service that incurs financial loss or advice for stoppage of encashment of the Cheque to the Bank, your action may be treated as unfair trade practice. So y ...ReadMore

Helpful
Helpful
Share
icon cancellation of suspension of sentence

the accused in 138 matter has been convicted by the Magistrate, however his sentence has been suspended for facilitating him to file an appeal. it has been seven months since then, the complainant h

1 Response(s)

8 months ago


A. Dear client,
While an appeal is pending, the appellate court can suspend an accused's sentence, and the reasons for the suspension must be stated in writing. It can also order the accused's release if he is held in detention on bail and files his own personal bail bond.
In the context of an appeal, the High Court can exercise the authority conferred on an Appellate Court by this section.
If a convict informs the Court that he intends to appeal the judgment in which he was found guilty, the Court ...ReadMore

Helpful
Helpful
Share
icon cheque bounce - I have given loan to friend

Sir I have given loan to friend rs 50000 on jan 2014 and i have taken blank cheque but till date i have not received my loan amount from friend so i have filled the cheque rs 70000 and deposit in ban

2 Response(s)

8 months ago


A. Dear Client,
As per Negotiable Instruments Act, legal notice must be sent within 30 days from the date of cheque bounce. Cause of action arises when notice is served on the drawer and drawer fails to make payment of the amount of cheque within 15 days. Limitation to file complaint is one month from the date of cause of action. In case the case is filed beyound that time then the same shall be time barred. So, now you cannot file a cheque bounce case under N I Act which is now barred by time.

Helpful
Helpful
Share
icon Cheque issue - I have given a blank cheque to someone

I have given a blank cheque to someone by mistake and so that i cancelled my cheque with the help of yono sbi..two days after the cheque cancelled the person submitted my cheque in the bank. The chequ

3 Response(s)

8 months ago


A. Dear client,
Blank checks issued by default are dishonoured based on the drawer's stop payment advise, thus they cannot be used as the basis for a case under Section 138 of the National Industrial Act of 1938. Additionally, no legal action shall be permitted in the absence of a formal loan agreement or other documentation proving the exchange of funds between the borrower and the lender. Therefore, when you met with the lawyer for the so-called lender, he suggested that you settle the demand for ...ReadMore

Helpful
Helpful
Share