CHEQUE BOUNCING
1.A LAW ON CHEQUE BOUNCING TO BE SIMPLIFIED BY ADDING
BANKS CHEQUE RETURN LETTER TO BE MORE THAN SUFFICIENT
TO PUNISH THE ISSUING PERSON.
2.AVOIDANCE TO BE GIVEN ONLY 2 TO 3 TIMES FOR THE FULL COURSE OF CASE DISPOSAL .
3,CRIMINAL CASE JUDGEMENT TO BE APPLICABLE FOR REPAYMENT OF THE MONEY INVOLVED.
4.IF A PERSON ISSUING CHEQUE ARGUES HE WAS FORCED TO ISSUE THE CHEQUE HE MUST FIRST HONOUR BY REPAYING THE CHEQUE AMOUNT ISSUED AND THEN SEEK
COURT OR POLICE TO PROOF HIS CONTENTION.
NO ACCOUNT COURT SHOULD ALLOW HIM FROM SETTLING
THE AMOUNT INVOLVED.
THIS CAN ONLY PAVE THE WAY FOR SUFFERERS FACING THE
BOUNCING OF CHEQUE
LAKHS OF CASES IN REGARD TO BOUNCING OF CHEQUE CASES ARE PENDING FOR LACK OF LAWS CLARIFICATION.
ALSO MITIGATION WAS DENIED FOR THE SUFFERERS.
V.GOPALAKRISHNAN(THIS IS BASED ON THE SUFFERING I AM UNDERGOING)
V.GOPALAKRISHNAN more
BANKS CHEQUE RETURN LETTER TO BE MORE THAN SUFFICIENT
TO PUNISH THE ISSUING PERSON.
2.AVOIDANCE TO BE GIVEN ONLY 2 TO 3 TIMES FOR THE FULL COURSE OF CASE DISPOSAL .
3,CRIMINAL CASE JUDGEMENT TO BE APPLICABLE FOR REPAYMENT OF THE MONEY INVOLVED.
4.IF A PERSON ISSUING CHEQUE ARGUES HE WAS FORCED TO ISSUE THE CHEQUE HE MUST FIRST HONOUR BY REPAYING THE CHEQUE AMOUNT ISSUED AND THEN SEEK
COURT OR POLICE TO PROOF HIS CONTENTION.
NO ACCOUNT COURT SHOULD ALLOW HIM FROM SETTLING
THE AMOUNT INVOLVED.
THIS CAN ONLY PAVE THE WAY FOR SUFFERERS FACING THE
BOUNCING OF CHEQUE
LAKHS OF CASES IN REGARD TO BOUNCING OF CHEQUE CASES ARE PENDING FOR LACK OF LAWS CLARIFICATION.
ALSO MITIGATION WAS DENIED FOR THE SUFFERERS.
V.GOPALAKRISHNAN(THIS IS BASED ON THE SUFFERING I AM UNDERGOING)
V.GOPALAKRISHNAN more
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