Cheque bounce
Bechara Pati
(Querist) 08 August 2015
This query is : Resolved
My father had sold plot & that cash we recieved & give it to a guy & i have no promissory note. I have only stamp paper but that is also not signed by any one not by me or him other party. He started new business & He bought printing machine in his firm name.
The deal was that he will pay commision as per machine count like Rs.5/- per counter & after 2 year when i check counter on feb 2013, that was more than 250000 count {250000 x 5} that is 1250000/- & he issue me cheque of approx 1375000/* & ask me to deposite after some time...
I had paid him Rs.250000/* which i have proof of 2.5Lakh via my account in feb 2011. Now it is more than 4 year after too much request he did't want to show me machine counters.As per our talk i have to recieve Rs.1375000/-[commision] & Rs. 250000/-[I had paid him for use of 5 years time] Net 1675000/* what to do kindly help.
Rajendra K Goyal
(Expert) 09 August 2015
Whether any agreement exist / entered and when?
When the cheque was presented and when bounced, what action taken?
Full facts not available, consult local lawyer.