Hi and Hello,
I have recently resigned from my job, and I have a 2-year service bond with the company. They have collected an undated cheque of 200,000 rupees from my zero balance account.
Do I need to pay it, or since it is a zero balance account, I need to know whether there will be any problems.
From India, Hyderabad
I have recently resigned from my job, and I have a 2-year service bond with the company. They have collected an undated cheque of 200,000 rupees from my zero balance account.
Do I need to pay it, or since it is a zero balance account, I need to know whether there will be any problems.
From India, Hyderabad
Hello,
There is certainly an ironic connection between your name 'Iamtrue' and your query :-( Whether you have any balance in your account or not, the moment the company deposits your cheque into their bank and if it bounces, you could face serious trouble as cheque bouncing is a criminal offense.
Regards,
TS
From India, Hyderabad
There is certainly an ironic connection between your name 'Iamtrue' and your query :-( Whether you have any balance in your account or not, the moment the company deposits your cheque into their bank and if it bounces, you could face serious trouble as cheque bouncing is a criminal offense.
Regards,
TS
From India, Hyderabad
Friend , consult a lawyer and serve a legal notice. You will not have any problem neutralising the service bond if you move legally.
From India, Bangalore
From India, Bangalore
Dear Friend,
You have given an undated cheque for Rs. 2,00,000/- (two lakhs), and it was given by you knowing the nature of the work. Perhaps it was a later thought about the cheque; please ensure the following:
1) The reason for giving that cheque.
2) What made you offer/give the cheque - these details are known to you, so please take appropriate action accordingly.
From India, Arcot
You have given an undated cheque for Rs. 2,00,000/- (two lakhs), and it was given by you knowing the nature of the work. Perhaps it was a later thought about the cheque; please ensure the following:
1) The reason for giving that cheque.
2) What made you offer/give the cheque - these details are known to you, so please take appropriate action accordingly.
From India, Arcot
Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.