138 nia

shubhra (Querist) 30 April 2015 This query is : Resolved
To purchase some property I gave some cash to a property dealer. Ultimately the deal did not materialise. He had to return to me rs 11 lakh. On my insistence he took me to a private financier he told me to give blank docs stamp paper pronote and 2 cheques to the financier as security. The propery dealer also gave his blank doccuments to the financier. I took some money and he started paying interest. After some time he stopped paying interest and lure me to pay the interest as he shall adjust in some property. I went to financier to be out of the situation and I demanded my papers and I was ready for a reasonable settlement. I have already lodged fir against the property dealer in sections 420 467 468 471.Just few days back i came to know the property dealer and financier are hand in glove. When the financier made unreasonable demand I sent him a letter by speed post ad requesting him to return my blank docs and cheques as nothing is due to him from my side and having stopped the payment if 2 blank cheques which is duly received by him. I have the acknowledgement. He presented the cheques with multi folds amount. Which were returned by my bank as stopped payment. I has sufficient balance in the accounts at the time cheques were presented. After 10 days still no notice is received by me. Also the cheques were given to him July 2013 and is proved that the cheque preceding and succeeding the cheques were cleared in 2013. Please give me suitable legal advise how to go about in this matter.

Follow Query

Report Abuse

Guest (Expert) 30 April 2015
Any suitable legal advice is not possible on the basis of your vague description. Either you have not been able to express your problem properly, or yours is a vague fabricated academic query.

If it happens to be your real problem, you are required to consult some local lawyer along with related documents and state your story in chronological order to enable him to appropriately understand your problem and to suggest some solution to your problem.

Raj Kumar Makkad (Expert) 30 April 2015
It is highly impossible to believe that inspite of your credit, the builder took you to a financier and you even became ready to give him blank cheques, pronote and signature even on the blank papers. You have to take your money back from the builder/dealer instead of that your further took loan.

Now you have not received notice from the financier which he can send withon 30 days of the receipt of the memorendum of the bouncing of the cheque hence wait for it and suitably reply it with the help of your local lawyer mentioning therein that you have lawful debt against the financier on the day of the alleged issuance of the cheque.

Rajendra K Goyal (Expert) 30 April 2015
Consult your lawyer and reply the notice if received.

You were at fault to give blank cheques, stamp papers and pro-note and may bear the heat of it.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries