Dear Sir, Actually cross statement of Complainant is in Punjabi Language. That why i am not sending you copy by email. Main contents are as,
1. He has given me Cash Loan of Rs 1,00,000/- in January 2005 to construct my office (name of my company and address is also mentioned). We have taken Office in january 2004 on rent and paying rent till now. We have rent reciepts,rent is paid through cheques from our account. More over as it is rented property so we can not construct office. More over my partner, my elder brother has taken Rs 2,00,000/- bank loan for interior work in 2004. we have loan account statement and purchase bills of all equipments.
2.He has taken 60,000 from his father when his father was taking old age pension from Punjab Goverment.
3. As Complainant has given me loan in January 2005 and cheque bounced on 25th Novemebr 2005. Complainat had only Rs 2560/- in his bank account. He didn't produce Income Tax returns even to show Loan.
4. More over date mentioned in Memo is wrong. Cheque was bounced on 25th Novemebr and memo date is 24th November.
5. i had directed my bank for stop payment but bank has only ticked insufficient balance. Bank officer has admitted that they tick both ( insufficient funds and stop payment) in case of Stop Payment request.
6. I didn't personally recieve demand Notice.
7. Complainant has also admitted that beside me he has lent cash loan to other 4-5 person also. He didn't confirm about Money Lending License under Punjab Money Lending Act.
Please advice me according.