• Cheque bounce case

I have filed cheques bounce case for my payment due since last financial year. Mine is a sole proprietorship firm and has not traded in this financial year. I want to close that firm but I am concerned will it impact the case. Bill was raised in last financial year and cheque bounce case is going on. 
Kindly advise if I can close the firm?
Asked 8 years ago in Criminal Law
Religion: Hindu

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13 Answers

You are at liberty to close the firm

It would not affect your cheque bouncing case filed when firm was in existence

Ajay Sethi
Advocate, Mumbai
99993 Answers
8162 Consultations

Hi, the previous transactions are sufficient to prove the liability of accused .. Closing of from will not have any impact upon your case

Hemant Chaudhary
Advocate, Gurgaon
4632 Answers
67 Consultations

yes you can close, however case will go on.

Varnika Singh
Advocate, New Delhi
327 Answers
2 Consultations

This will not affect your case and you may get the amount as awarded by the court in your name as the firm is closed.

Vimlesh Prasad Mishra
Advocate, Lucknow
6851 Answers
23 Consultations

1. Closing of your business does not in anyway effect the outcome of cheque bounce case.

2. Cheque bounce case was filed as accused failed to discharge his dues which he was liable to pay legally.

3. You may very well proceed with cheque bounce case and recover the cheque amount with interest (Fine).

Kishan Dutt Kalaskar
Advocate, Bangalore
6246 Answers
501 Consultations

Dear Client,

No effect.

Yogendra Singh Rajawat
Advocate, Jaipur
23085 Answers
31 Consultations

The pending case will not be effected.

You will be able to pursue this case, even after winding up your firm.

Vibhanshu Srivastava
Advocate, Lucknow
9765 Answers
323 Consultations

Hi

Yes you can close the firm if you want to..

as the case was initiated by you at the time when the firm was in operation.

Thank You

Rahul Jatain
Advocate, Rohtak
5365 Answers
4 Consultations

Hello,

Closing the firm at a later stage will not effect your cheque bouncing case, you are at liberty to close the firm and continue with the pending case.

Regards

Anilesh Tewari
Advocate, New Delhi
18103 Answers
377 Consultations

No- It will not impact your cheque bounce case under section 138 n.i.act , as you have already raised the amount in the cheque as per your last transaction bills with the said accused person. Even if you are going to close that firm it will not create problem in the proceeding of that case, because due to the said loss by the customer you wanted to do so.

Mohammed Shahzad
Advocate, Delhi
15859 Answers
243 Consultations

The closure of the firm will have no impact on the pending cases as the cause of action in respect of the pending cases does not lapse with the closure of the firm.

Ashish Davessar
Advocate, Jaipur
30843 Answers
982 Consultations

Closing of the firm has nothing to do with the pending cheque bounce case.

You can very well close the firm which is purely your own decision and not concerned with the cheque bounce case which is already going on in the trial court.

T Kalaiselvan
Advocate, Vellore
90195 Answers
2506 Consultations

Even if you close your firm your liability under cheque wold not close

P V Reddy
Advocate, Hyderabad
422 Answers
3 Consultations

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