Hi ,
I am Sri ,
Recently i face one issue , that is
My sister put IP in court , before that whatever the debts she have , she gave me and my wife's signed checks to them , with out telling us.
I and my wife we both stays in USA , so usually for my old checks i always sign them and keep them in my india home for my family use ( father , mother , sister and all)
when last time i was in india ( Nov 2012 to Apr 2013) , i have heard about CTS 2010 policy towards check books.
So i have applied all new check books for my all indian accounts. and my OLD checks ( which are NON CTS 2010 and empty but signed by me and my wife) are there in my home.
recently Nov 20th , 2013 i saw one check bounce in my ICICI Bank Account for 2,00,000/- , i don't understand like , who presented this check ,because i didn't give any one any check of 2,00,000/-
I have called the branch manager and asked all the details , he sent check copy to me through email.
when i look into that some name "Y Krishna" is there and its account payee check. , mainly its non CTS 2010 check.
When i inquire in home about my old checks , i came to know that my sister has given some of my checks and my wife checks to some people .
i asked why ?
then she answered like , One of his debt. people told her , they are ready to give 5 Lac and they need my checks and my wife checks as leverage, So my sister gave them my checks to check those are good for them or not , as those are non CTS 2010 checks , all these are not known by me and my wife.
After that who ever took those checks , they didn't return the checks as well as money they promised to my sister.(indirectly they cheated my sister and got my checks)
So my sister didn't tell this to me , because i will scold her and she thought any way those are OLD ( non CTS 2010) checks and not useful for anyone.
But as recent change from RBI , they have extended the time for non CTS 2010 checks till DEC 31st , 2013.
Now , My sister put IP on September 29th , 2013 ,in the IP Notice she mentioned that she has give some Blank checks to them.
But now these people who ever took my checks and my wife checks , they started depositing all the checks in bank from Nov 15th onwards with some fake amounts like , 2,50,000 , 300000 , 150000 , 200000
Observation :
1. If we see every check , only the sign is ours , otherthan that nothing is my writing( like Data , Amount , amount in rupees , Payee name).
2. Even though my sister gave all the checks to one person , The other person distributed all the checks to all ( who are on the IP List ).
like they deposited total 14Lacs using my checks ( 1 from me + 6 from my wife).
not only that , they sent legal notice to my old address .
We are under shock like whats going here.
Now i am asking for suggestion like ,
1. Should we take those notices at my Father in law address , as my wife is india now , and i am in still USA. ?
2. Should we file FIR to police people about all these .?
3. What if we didn't take those notices ?
I am from Hyderabad , INDIA.
So please help me .
