I have filed case under section 138 NI act (cheque bounced). There was no reply to the notice which I had sent through advocate. The court had issued summons. When on the said date the accused did not appear. I got information from the court that there was no report as whether the summons had reached accused. As per advocate\\\'s advice I then I hand delivered (through police) it. The summons was handed over to the accused\\\'s wife as the accused was not available. On the said date again the accused did not turned up. The court said that handling over the summons is not considered. It is difficult to find the person as he is almost out. He is working. I stay in Mumbai and he stays in Pune. Kindly advice
I filed a suit u/s 138 N.I. act against someone.i received non bailable warrant against the accused but failed to serve it over the accused as he is absconding.what should i do now?
Sir, i have recieved the notice from the lawyer and the bailable warrant from the bank, as i was unable to pay the PERSONAL LOAN amount to the bank on time from last 7 months because of my financial condition (i lost my job & the loss in share market crash). i\\\'m ready to pay the loan amount but recovery agency not ready to give me more time. and i have been called to court on 3 jan-08. kindly suggest, what is the minimum % of emi i can pay to avoid this situation or what are other solution for the same and the consequences i will face.
MY FRIEND WAS DOING A TRADIN BUSINESS OF SHARES AND IN THE YEAR 2007.HE TOLD ME TO INVEST SOME MONEY WITH HIM AND HE WILL GIVE ME RETURNS ON THE AMT INVESTED WITH HIM..I GAVE HIM 100000/-BY CHEQUE IN FEB 2007..TILL DECEMBER 2008..HE GAVE ME GOOD RETURNS..BUT THEN HE STARTED DENYING AND TOOK A STAND THAT HE HAS RETURNED ME ALL MY MONEY WITH HE USE TO PAY ME EVERY MONTH..AND STATES THERE IS NO OUT STANDING..THEN I DEPOSITED THE CHEQUE WHICH WAS AS A SECURITY WITH ME..IT GOT BOUNCED STATING INSUFFICIENT FUNDS.THUS WHAT SHOULD I DO NOW..I ISSUED HIM A NOTINCE WHICH HE DIDNT CLAIM AND IT CAME BACK..I ALSO POSTED THROUGH U.P.C.THUS NOW WHAT CAN BE DONE PLEASE HELP..AS NOW I AM BADLY IN NEED OF MONEY AND HE IS NOT RESPONDING TO ME NOR MY NOTICE..HE HAS DONE THIS WITH MANY PEPOPLE I HAVE COME TO KNOW..PLEASE HELP ME OUT PLZ.I HAVE THE PROOF THAT HE HAS TRANSFERED THE MONEY AS STATING PROFIT WHICH HE USE TO TRANSFER EVERY MONTH..PLZ HELP ME WHETHER I CAN FILE A CASE AGAINST HIM..AND SHALL IT BE IN MY FAVOUR..AS HE HAS CLEARLY CHEATED ME..PLZ MAIL ME THANKYOU
Received a notice from bank u/s 138 of NI Act. Have to give reply of legal notice