Question :

AOA. I HAVE A QUESTION TO ASK. PLEASE REPLY SOONEST. I RECEIVED FEW CHEQUES FROM SOMEONE 4 YEARS AGO ( HE WAS MY TEANANT 4 YEARS AGO, AT THAT TIME ) WHICH BOUNCED AT THAT TIME. I HAVE DONE NOTHING THEN. I HAVE CHEQUES AND BOUNCED SLIPS WITH ME. CAN I LODGE AN FIR AGAINST HIM BASED ON THOSE 4 YEARS OLD BOUNCED CHEQUES. WHAT OTHERS WAYS COULD BE USED TO RECOVERY. PLEASE ADVISE SOONEST.

Answer:

  1. time limit for money recovery is 3 years but a recovery suit could be filled at this stage from actual denial of payment

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