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Cheque bounce by marking stop payment |

Cheque bounce by marking stop payment

Employee of Bank issued cheque of Salary account of Rs 12 lakhs and then marks stop payment for the cheque. Also he has signed the promisory note for the amount taken. what charges can be placed against him?

Answers (1)

Dear Sir / Ma’am,
Greetings from Company Vakil !!
In cheque cases the time period is very important. You have to immediately inform the person who issues the cheque that his cheque has been dishonoured and give him 15 days time in notice period for the repayment of amount. If he fails to provide the money, then you can file a case within 30 days.

Mr. Navin Arora

4.5/5

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