Respected Sirs,
In the year Dec-2012 I had paid to one real estate firm in Pune as an investment in his upcoming project (land). The receipt was paid against that to me.
In Apr-2015 they had issued me post dated cheques as refund of amount invested in their project since their project is delayed for some reason. They had taken back the above mentioned original receipt from me against these cheques. However till date, out of these cheques 2 cheques were bounced due to insufficiant fund/refer to drawer. I had intimated them through email about cheque return & asked them to make immdiated payment. Which they made thru RTGS after some days because of my regorous follow-ups.
Now they had sent a email saying that due to bad market condition not to deposit balance post dated cheques for next 2 months.
Can I deposit balance cheques on the dates of cheques & get the payment?
Can they stop cheque payment?
They also are asking me to send back these returned cheques to them since payment is made thru RTGS.
Please advice.