Dear Advocates,
I have one friend who in-turn has another friend who is working in UK and want to my ancestral culitivation land in India, so I want to a do a wire-transfer and said that he will give MT 103 copy but before doing that he want me to give an an security cheque of the same amount to him as post dated cheque then only he is ready to do the wire-transfer. How can i believe him that he will do online transfer without fail and what type of agreement that I should write with him when he is expecting a security deposit cheque from him, what if he doesnot do the transfer and at some point, if he changes his mind to not to purchase and what will happen if he or my friend mis-use the cheque...
Please advice, if i need to give him the post dated cheque what type of agreement that I need to get sign from him.
Thanks,
Rajesh Kumar