Legal Question in Credit and Debt Law in India

Dear Sir, We have booked a house by giving 4.5 lakhs cheque to an invester in pune. He kept giving new dates for regsitry. Finally we cancelled the deal and he had given us cheque of full amount but that got bounced. He kept telling us that please give him him one more week, he will return our amount back. And now he is not traceable. His ph is Switched off. He has vacated the office and his home too. Please suggest how and what we can do against this guy. Even if we go for "cheating case", we do not have his adress to send notice. We are really in a fix. Your response will be highly appreciated.


Asked on 3/19/15, 5:15 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

21.03.2015

Dear Sir / Madam,

You should immediately lodge a Police complaint (FIR) in the local Police station stating the facts therein. If you have paid the amount to the investor by cheque, you should also inform his / her Bank of the matter. Let the Police begin their investigations to trace and book the culprit.

Regards,

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Answered on 3/20/15, 9:44 pm


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