My close friend and I started a business together, but unfortunately, it didn’t work out. He mentioned wanting to pursue further studies and had some financial burdens. He asked me to give him cheques worth Rs. 25,000 every month for 3 years to help him study. I didn’t owe him anything, but I gave him the cheques as a gift for his education. However, things have changed between us and I’m unable to pay anymore. Can he now file a cheque bounce case against me?

Apni Law
Apni Law
Law Forum › Category: Cheque Bounce › My close friend and I started a business together, but unfortunately, it didn’t work out. He mentioned wanting to pursue further studies and had some financial burdens. He asked me to give him cheques worth Rs. 25,000 every month for 3 years to help him study. I didn’t owe him anything, but I gave him the cheques as a gift for his education. However, things have changed between us and I’m unable to pay anymore. Can he now file a cheque bounce case against me?
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Apni Law Staff asked 11 months ago

My close friend and I started a business together, but unfortunately, it didn’t work out. He mentioned wanting to pursue further studies and had some financial burdens. He asked me to give him cheques worth Rs. 25,000 every month for 3 years to help him study. I didn’t owe him anything, but I gave him the cheques as a gift for his education. However, things have changed between us and I’m unable to pay anymore. Can he now file a cheque bounce case against me?

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Apni Law Staff answered 11 months ago

As you provided the cheques as a gift and not as a debt, your friend cannot file a cheque bounce case against you under Indian law. The cheques were issued without any consideration or legal obligation, making them legally unenforceable.

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