Asked in Banking
Gentleman, In case of Stop Payment, and Paucity of Funds you can avail the remedy available under the provisions of Negotiable Instruments Act and get the money recovered. But regarding others consequences all the situation is still hypothetical and no suggestion can be made at this stage. However, it all depends upon the the circumstances which may or may not happen. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.
Dear client, You can call me through vkeel for detail advice
1. as per the NI act, a cheque should be in discharge of a legal debt, 2. enter into an agreement to avoid future legal complications
1 yes 2 depends upon situation 3 it is also possible there are a lot of trick you can consult me
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