how much is balance amount due and payable ? if cheque has been dishonoured issue legal notice under section 138 Ni . in case your friend refuses to pay within period of 15 days from date of receipt of notice then file complaint under section 138 read with section 141 of NI act . you can also file summary suit under order XXXVII of CPC for recovery of your money
Lending money by credit card
Sir I gave money to my friendon trust basis from my credit card he returned me my half money but on remaining g money he is giving back. Which ever chqs he gives it bounce and I got all transaction reports of taking money. And more ever he miss used my card also.
Asked 11 years ago in Business Law
Ask a question and receive multiple answers in one hour.
Lawyers are available now to answer your questions.
5 Answers
file a complaint under 138ni after giving legal notice,maximum punishment is 2 years and fine is the double the amount of cheque which got bounced,since it is compoundable you can get your all amount before compounding it.
what do you want from us?
Dear client you have to give a legal notice under NIA &then file a complaint for the cheque bounce.
Issue a legal notice to your friend as the cheques have bounced due to insufficiency of amount standing to his credit in his account. If the amount is not paid back after he receives the notice then move to the court and file a case for cheque bounce and also recovery of money covered by the cheque.
If he has misused your credit card then file a police complaint under IT ACt.
