Legal Question in Banking Law in India

Hon'ble Sir or Madam,

my question is;

What to do after stopping a cheque payment?

To buy a house, I've given a cheque (as token money) to a house owner. Now I need advance payment agreement and copy of land registration; but the house owner (seller) is not giving me these documents. Therefore, I've stopped payment of cheque(4lakh date on cheque:05-April-2016). And also sent the notice to the seller that I've stopped the payment of given cheque because you're not giving me the required documents (to my mind, as per law, i should have original agreement copy).

Now my question is " can that seller of house file cheque bounce case on me under sec 138 even I informed him that I have stopped payment of cheque?

And also if she can do so then how can I escape from cheque bouncing case?

Shall I liable to pay token money even though she didn't give us any document?

I've also filed an FIR in police station

Please guide me to take appropriate steps to protect myself against cheque bouncing case


Asked on 3/25/16, 12:07 pm

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

26.03.2016

Repeat query. Already answered. Any further advice or guidance will be rendered only on prepayment.

Read more
Answered on 3/25/16, 8:23 pm


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