Common Legal Problems In India That Require A Lawyer
By Advocate Aditya Parolia / 2016-11-27
Various recourses to a legal problem have come nowadays. Every legal problem faced by an individual does not necessarily require a lawyer to be solved in today’s technological era. But there are some important issues which cannot be rectified without a lawyer. Money is an important mode of transaction as well as living hence money matters must be handled with utmost diligence.

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Various recourses to a legal problem have come nowadays. Every legal problem faced by an individual does not necessarily require a lawyer to be solved in today’s technological era. But there are some important issues which cannot be rectified without a good lawyer in India . Money is an important mode of the transaction as well as living hence money matters must be handled with utmost diligence. Common problems faced by individuals regarding monetary issues are as follows:

Cheque Bounce

The Negotiable Instruments Act, 1881 is applicable for the cases of dishonour of cheque. This Act has been amended many times since 1881. According to Section 138 of the Act, the dishonour of cheque is a criminal offence and is punishable by imprisonment up to two years or with a monetary penalty or with both.

Hawala Transactions

Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted to prevent money-laundering and to provide for confiscation of property derived from money-laundering. PMLA and the Rules notified there under came into force with effect from July 1, 2005.

Various recourses to a legal problem have come nowadays. Every legal problem faced by an individual does not necessarily require a lawyer to be solved in today’s technological era. But there are some important issues which cannot be rectified without a lawyer. Money is an important mode of transaction as well as living hence money matters must be handled with utmost diligence.

Have a Legal Issue?

Get connected to the Best Lawyers and Chartered Accountants Near You!


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