Is NI Act Applicable To Foreign Currency Cheque Bounce In India?

Is NI Act applicable to foreign Currency cheque bounce in India ?

Free Legal Advice - cheque bounce

Posted by: kavita sejwal

Posted on: 2018-09-12

Yes a legal notice can be given to the company and ask claim in the Indian court if the registered office is operative in india. Case under Section 138 Negotiable Instruments Act can be instituted where the Drawee are maintaining and operating the Bank Account.

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Is NI Act Applicable To Foreign Currency Cheque Bounce In India?