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Author Topic: Cheque bouncing case with security.  (Read 969 times)

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Offline Kanyaz

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Cheque bouncing case with security.
« on: November 02, 2014, 03:37:49 AM »
HARI OM!

2 Post dated Bangalore cheques were issued for Rs 22.5 lakhs to be en-cashed on 01-07-2014 Under an agreement, two plots were registered in my name as security by the person who has taken money. Plots have no substantial value as I have come to know now that 80 percent of the plots in that lay out is having legal problems and there will not be any value for those plots. MOU is only for return of money, plots as security only is incorporated in the MOU. Cheques submitted thrice in Chennai. Cheques were bounced latest on 30-10-2014 (Validity period of the cheque is over). Issued notice under NI act twice by Registered post with AD. Notice was returned by postal authorities citing Addressee out of station.Person not lifting the mobile. Sent notice through email. No response. Person is available in Bangalore only. He is feigning non availability. Stretched to the maximum. Now only option is, case has to be filed in Magistrate court may be at Bangalore only before 30-11-2014.  I am presently practicing Spiritual Sadhana and no income. Require the services of a lawyer to recover the money to be utilized for spreading Bakthi and Knowledge. Reasonable fees will be paid on realization of the amount. I also I want to know:

Is it worth going for legal action against the person based on cheque bouncing issue when security is given in the form of plots and the person submits that he has no money to pay feigning that he has been cheated by his partner etc....

If worth going for legal action(Chances of winning the case), What may be total cost of fighting a legal battle including lawyer fees, court fees and other Misc expenses. for realizing Rs 22,50,000/- , time involved.

Names of the Lawyers in Bangalore who can offer his services in the above mentioned circumstances.

HARI OM!

Offline advswagata

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Re: Cheque bouncing case with security.
« Reply #1 on: November 02, 2014, 08:11:08 PM »
Click on the link given below to contact a lawyer from Bangalore...
http://www.legalserviceindia.com/lawyers/bangalore.htm

 

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