Hello Friends,
I lent Rs 500000 to one friend of mine in october through cheque on his name. My friend gave the post dated cheques of mid january 2013. At that time he promised me to pay 1 lac every month and later on once amount gets over ,I will return cheques to him. With cheques there is an agreement also signed by him.
He didn't paid the money for november month and told me that he will pay in december for both month, which is yet to be done. I have audio recordings of conversation that he has taken money.
Please let me know what extra precaution i can take so that i can takeout my money easily.Also few quieries.
1. What happend if signature doesn't match on cheque or cheque got bounced or account is closed? Can i ask the bank to confirm on all these things.
Thanks & Regards;
N.S
