Ever come across receiving a payment by cheque and when you try to bank in the cheque, it bounced? How do you feel? What could you do? You are angry, that is obvious!
Well, not many businessman or public know that if you receive a cheque being your payment for whatever reason, and when you present it to the bank it dishonored, you may (alternatively, beside go back to the drawer, and start shouting..hehe) sue the drawer in court and the chances of wining is very high.
Section 47 of Malaysian Bill of Exchange Act, provides a simple locus standi for you to sue the drawer without having to proof further or the reason behind the transaction. Just present you claim stating that you have received a cheque by so and so, and it has been dishonored. Simple, isn't it?
Well, start exercising your rights…good luck.
Kamarul Irzuan Bin Busu Piah, Advocate & Solicitor, High Court of Malaya, Malaysia.