Hello experts,
I have token loan from one person(party A) and after made the payment he has given the cheque to other person(Party B) and bounsed. Cheque amount is 1 Lakh. Party B has sent me the legal notice. I have replied in detail that this cheque was given to party A and it has been mis used by Party B.
Party A has called me and threten me that he is going to do like this. Also he told he has paid 10% of cheque amount to Party B to do this activity. I have recorded this conversation through my mobile which is very clear. Can this be an evidence during the court trials?
I never had any transaction with Party B in my life time? What I need to do now
Thanks and regads
Muthu