I entrusted a shopkeeper with a loan of ₹9 lakhs, securing it with a blank cheque from myself. When the loan period ended, he threatened to fill the cheque with a large amount, bounce it, and file a false case against me. We reported this to the Economic Offences Wing (EOW), and the complaint is still pending. Now, he’s filled the cheque for ₹45 lakhs, which bounced due to my stop payment request. What can I do to protect myself from any further legal repercussions?

Apni Law
Apni Law
Law Forum › Category: Cheque Bounce › I entrusted a shopkeeper with a loan of ₹9 lakhs, securing it with a blank cheque from myself. When the loan period ended, he threatened to fill the cheque with a large amount, bounce it, and file a false case against me. We reported this to the Economic Offences Wing (EOW), and the complaint is still pending. Now, he’s filled the cheque for ₹45 lakhs, which bounced due to my stop payment request. What can I do to protect myself from any further legal repercussions?
Vote Up
260
Vote Down
Apni Law Staff asked 1 year ago

I entrusted a shopkeeper with a loan of ₹9 lakhs, securing it with a blank cheque from myself. When the loan period ended, he threatened to fill the cheque with a large amount, bounce it, and file a false case against me. We reported this to the Economic Offences Wing (EOW), and the complaint is still pending. Now, he’s filled the cheque for ₹45 lakhs, which bounced due to my stop payment request. What can I do to protect myself from any further legal repercussions?

1 Answers
Vote Up
27
Vote Down

Best Answer

Apni Law Staff answered 1 year ago

You should immediately file a complaint with the police and approach the court seeking an injunction to prevent the shopkeeper from further using the cheque. You should also prepare a strong defense against any potential legal action, including documentation of the loan agreement and evidence of the shopkeeper’s threats.

You Might Also Like

I’m trying to locate a person who owes me money. He’s been promising to pay by April 20th but won’t give me his address. He keeps in touch through his phone, though. Should I file a police complaint? What other options do I have?

My cheque bounced twice at the bank due to insufficient funds, and now the time limit for clearing it has passed. How can I get my money back legally?

I issued a blank cheque to a cooperative bank for a loan of ₹3 lakh. I’ve made partial payments of ₹2.2 lakh and ₹3.9 lakh, including interest. But the bank is still claiming I owe ₹2 lakh. I can’t afford to pay this, but I want to pay the remaining amount. The bank is refusing my request. What can I do?

If someone in India writes you a cheque that bounces, how soon do you have to take legal action?

My cheque bounced in February 2016. How long do I have to file a legal case to get my money back?

Share This Article
Previous Article My family faces a property dispute stemming from my late grandfather’s decision to create a joint family property for his 8 sons. While some brothers now possess significantly larger portions than their rightful share, they refuse to fairly divide the property. Adding to our difficulties, they managed our grandfather’s movable assets but are unwilling to disclose details, leaving my father and his small HUF house at a disadvantage while others live in large bungalows.
Next Article I worked at ONGC for 8 years and resigned with a month’s notice, instead of the standard 3 months. Now, they’re asking me to pay a penalty of 5 months’ basic salary and dearness allowance. I’ve heard that such a penalty isn’t common practice, even in private companies. My question is: 1. Is it legally valid for ONGC to impose this penalty? They’re citing an office order from 2012, signed by a General Manager (HR), mentioning changes to the service rules. 2. However, there’s a newer version of the service rules published in 2014, which doesn’t mention this 3-month penalty. The HR department claims they forgot to update the document. Shouldn’t the latest version of the rules be considered valid in this situation?

Follow US

Find US on Social Medias
Popular News
- Advertisement -
- Advertisement -
Ad imageAd image

📢 Stay Connected!

Join our community on Telegram and WhatsApp for instant updates, news, and exclusive offers.