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Author Topic: Dishonor of cheque!  (Read 838 times)

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Offline Akash00075

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Dishonor of cheque!
« on: September 17, 2014, 11:08:19 AM »
Hello , X issued a cheque of 2.5lakh , got bounced twice but i didn't send any notice!
now it has crossed 110+ days from the date of issue of cheque.
please suggest me what further steps i can take.
thanks in advance.

Offline kphk

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Re: Dishonor of cheque!
« Reply #1 on: September 18, 2014, 03:06:56 AM »
IF  you intend to take action under sec.138 of NI act, then the cheque has to be for discharge of debt or else you can take action.

 

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