Dishonour of Cheques...

...is an offence.

If a cheque is dishonoured you should give notice in 30 days and a lot of legal formalities are there. You can clarify your doubts here.

Blog Posts

vskesavan

Security measures taken in Madras High court.

NOTIFICATION No.115/2008



As per the decision of the Hon'ble Security Committee,
comprising of three Hon'ble Judges, the Advocate General and
Presidents/Secretaries of various Advocate Associations and in
order to ensure safety and security inside the High Court
premise t is notified as follows:-

1) With effect from 30.07.2008, at all entry points, the Police
will made a random check of the visitors and their baggages.

2) Entry of taxis, auto rickshaws and private vehicles into the
High Cour… Continue

Posted by vskesavan on July 30, 2008 at 6:17am

vskesavan

Cheques issued for security etc...

Even if the cheque is issued for security or guarantee purposes, if dishonoured, it will attract prosecution U/s.138 of NI Act. The account holder should have the sufficient amount in his account to honour the cheque on the date of issuing of the cheque itself. Even though this is not followed in today's transactions, atleast the drawer should maintain sufficient balance of cheque value on the date of cheque as precautionary measure. Further, he should give stop payment advice to the bank concer… Continue

Posted by vskesavan on July 6, 2008 at 11:44am

vskesavan

Mandatory requirements....

Penal provision under Sec.138 of the Negotiable Instruments Act could be attracted only when the complainant proves that the cheque in question was issued for discharge in whole or in part of any debt or other legally enforceable liability. In the absence of any proof of debt or legally enforceable liability no criminal intention could be attributed to the accused.

Posted by vskesavan on July 5, 2008 at 4:19pm

Photos

Loading…

Events

 

view my other websites

just copy and paste in your browser

http://thevsklawfirmfamilylaw.blogspot.com/
http://thevsklawfirm.blogspot.com/
http://thevsklawfirmdeeds.blogspot.com/
http://vskesavan.blogspot.com/

Forum

vskesavan

Cheque dishonoring is an offence - consequences. 1 Reply

Started by vskesavan. Last reply by vskesavan Jul. 6, 2008.

Latest Activity

CAPT.KOLI is now a member of Dishonour of Cheques...
12 hours ago
sundaravadhanan is now a member of Dishonour of Cheques...
September 21
RAKESH SURANA is now a member of Dishonour of Cheques...
September 12
Kamal Krishan Mahajan is now a member of Dishonour of Cheques...
August 22
please sir let me know the any authority or citetion......on Even if the cheque is issued for security or guarantee purposes, if dishonoured, it will attract prosecution U/s.138 of NI Act. The account holder should have the sufficient amount in hi...
March 23
dipti raut is now a member of Dishonour of Cheques...
March 23
k p added a photo
Legal BPo Services at Poonamallee chennai tamil nadu doing back office services to M/s. C N RAMAN AND SWAMIATHAN ADVOCATES and host of other practicing advocates and Panel Advocate for Indian Overseas Bank legal report preparation services on 24 x...
March 11
k p added the App Twitter Tracker
March 11
 
 

About

vskesavan vskesavan created this social network on Ning.

Create your own social network!

Badge

Loading…
 

© 2009   Created by vskesavan on Ning.   Create Your Own Social Network

Badges  |  Report an Issue  |  Privacy  |  Terms of Service