Legal Question in Banking Law in India

I had issued a cheque of INR 1,8000 in March 2010 to a person as a security, i paid him INR 10,000 to INR 12,000 every month, i have the transfer slips, in Sep 2010he deposited the cheque and apoligised stating that it was a mistake, now as of today there is a balance of INR 13,000 to be paid , i had asked for the cheque and to take back the balance amount, he has not reverted back to my phone calls nor my e-mail, is there any possiblity that he can redeposit the cheque and claim for full amount or what are the bad happening i can except because of this cheque.


Asked on 6/13/11, 7:56 am

2 Answers from Attorneys

Shrichand Nahar S.V.Nahar, Advocate

Foul plays are difficult to predict.

Have appropriate communications issued to person holding your cheque as also report the matter to bank and police.

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Answered on 6/13/11, 10:54 pm
Aniruddha Pawse Aniruddha.P.Pawse Advocates

you can inform your Bank .

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Answered on 6/16/11, 4:58 am


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