sale agreement, payment by cheque

Querist : Anonymous (Querist) 01 December 2009 This query is : Resolved
Dear sirs, As part of payment to purchase a plot, I gave a cheque for Rs. 3 lakhs in july 2009. But, the seller did not encash it. He did not even produce it in the bank. Is there any expiry date for the cheque? If yes, what happens after the expiry date? Can he say that he did not get the money from me?

Follow Query

Report Abuse

A V Vishal (Expert) 01 December 2009
Life of a cheque is 6 months. If the vendor has not presented it is his problem. You can ask for performance of the contact on the basis of the agreement between both the parties.

Raj Kumar Makkad (Expert) 01 December 2009
If a cheque has expired due to the lapse/lethargy of buyer, he is responsible. These are the terms of the contract which prevail in such cases and he cannot take the plea as you think.

Neeraj Arora (9897136755) (Expert) 01 December 2009
Dear, I do agree with my Expert Friends.

Querist : Anonymous (Querist) 03 December 2009
Thank you sirs.

Khaleel Ahmed Mohammed (Expert) 07 December 2009
Well Advised.

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