What are next steps? Any hope of recovering money?

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    • #6290 Reply
      Swiftwolf5826
      Participant
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        Swiftwolf5826
        PARTICIPANT
        April 28, 2025 at 1:30 pm
        I gave 3,27,000 to a person in 2018. He gave me a promissory note for same amount and told he would return in one year. He requested to wait during corona time, which I did. But since he is not returning, I threatened to go legal. He gave a cheque for 4L on 26 July 2021, which bounced.

        Long story short, I lodged a case and won on 18 March 2025, which states:

        ” In the result, the accused is found guilty
        and he is convicted u/s.255(2) Cr.P.C., the
        accused is sentenced to suffer simple
        imprisonment for a period of NINE MONTHS
        and also to pay fine of Rs.4,00,000/- (Four
        Lakhs only) in default of payment of fine the
        accused shall suffer simple imprisonment for a
        period of 3 months for the offence punishable
        under Section 138 of Negotiable Instruments
        Act. The entire fine amount of Rs.4,00,000/- is
        awarded to the complainant towards
        compensation under Section 357 of Code of
        Criminal Procedure. The accused was not in
        judicial custody during trial.”

        Does it mean, if that person cannot pay me 4L, he will only get jail for 3 months and then he is free?

        Thanks.

      • #6295 Reply
        Ananyaguru69
        Participant
          A
          Ananyaguru69
          PARTICIPANT
          April 28, 2025 at 1:37 pm
          Lawyer here
          No ,he will have to pay you the entire money and will be facing imprisonment too

          • #6296 Reply
            Swiftwolf5826
            Participant
              S
              Swiftwolf5826
              OP
              April 28, 2025 at 1:39 pm
              Thanks for the reply. What if he says I don’t have money and do what ever you want?

              • #6298 Reply
                Ashishmaster940
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                  Ashishmaster940
                  PARTICIPANT
                  April 28, 2025 at 1:42 pm
                  extension of jail time.

                • #6297 Reply
                  Ananyaguru69
                  Participant
                    A
                    Ananyaguru69
                    PARTICIPANT
                    April 28, 2025 at 1:43 pm
                    Attachment of property

              • #6294 Reply
                Ananyaguru69
                Participant
                  A
                  Ananyaguru69
                  PARTICIPANT
                  April 28, 2025 at 1:43 pm
                  Attachment of property

                • #6293 Reply
                  Shwetapanda726
                  Participant
                    S
                    Shwetapanda726
                    PARTICIPANT
                    April 28, 2025 at 1:47 pm
                    Court can attach and sell his assets. Find his assets and approach court for execution

                  • #6292 Reply
                    Vandanaking256
                    Participant
                      V
                      Vandanaking256
                      PARTICIPANT
                      April 28, 2025 at 2:04 pm
                      A lawyer here.
                      No, you are interpreting it wrong. He has to face both fine and imprisonment. If he fails to pay, he faces additional imprisonment. But that additional imprisonment does not absolve him from paying the fine. So, what remedy do you have if you want to recover the amount? You will have to apply for attachment and sale of his property. The sale proceeds will be adjusted towards his liability to pay.

                      However, practically, it sometimes get difficult to get the attachment done. You will be required to produce a list of property owned by him.

                    • #6291 Reply
                      Nileshfox961
                      Participant
                        N
                        Nileshfox961
                        PARTICIPANT
                        April 28, 2025 at 3:11 pm
                        You will get your money

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