i am facing serious question.
i need to give 3 lakh to my uncle which is unregistered.
for that i have given cheque of 3 lakh for the sattlement.
for somewhat reason i given cash to sattle the account and he promised to give me to give me cheque back in two days. 10 days passed and he refused to give the same.
my question concern is whether i can cancel the cheque by stop payment? balance is insufficient in account.
but i can give in written to bank with two person in proof while giving 3 lakh that i have given 3 lakh for the same..
what can be consequnces and whether it is possible or not......
please advice me how i can cancel the cheque or any solution for this problem.
