Reading: My old friend borrowed 2 lakhs from me in cash and gave me a cheque for the same amount. He promised to pay me back in cash, but has been missing for years. I held onto the cheque hoping he’d come back, but now I’ve realised that’s not going to happen. The cheque bounced when I finally deposited it, as I expected. Can I take legal action against him? What steps should I take? Any advice would be greatly appreciated.

My old friend borrowed 2 lakhs from me in cash and gave me a cheque for the same amount. He promised to pay me back in cash, but has been missing for years. I held onto the cheque hoping he’d come back, but now I’ve realised that’s not going to happen. The cheque bounced when I finally deposited it, as I expected. Can I take legal action against him? What steps should I take? Any advice would be greatly appreciated.

Last updated: August 25, 2025 12:58 pm

Apni Law

2 years ago

Law Forum › Category: Cheque Bounce › My old friend borrowed 2 lakhs from me in cash and gave me a cheque for the same amount. He promised to pay me back in cash, but has been missing for years. I held onto the cheque hoping he’d come back, but now I’ve realised that’s not going to happen. The cheque bounced when I finally deposited it, as I expected. Can I take legal action against him? What steps should I take? Any advice would be greatly appreciated.

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Apni Law Staff asked 2 years ago

My old friend borrowed 2 lakhs from me in cash and gave me a cheque for the same amount. He promised to pay me back in cash, but has been missing for years. I held onto the cheque hoping he’d come back, but now I’ve realised that’s not going to happen. The cheque bounced when I finally deposited it, as I expected. Can I take legal action against him? What steps should I take? Any advice would be greatly appreciated.

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Apni Law Staff answered 2 years ago

Yes, you can take legal action against your friend. You can file a criminal complaint under Section 138 of the Negotiable Instruments Act, 1881, for the bounced cheque. You should approach a lawyer to initiate the legal process and file the necessary paperwork.