Legal Question in Banking Law in India

stop payment
Dear Sir,
I recently sold my house for Rs.830000/- to a party. The Party's relative is the broker between us and he is also the society secretary. I had a deal for Rs.30000/- towards brokerage with a broker to sell my house. I had given him a cheque for the same in advance. But the broker later demanded Rs.50000/- or else he said will cancel the deal. I told the party about the same and the broker in front of the party told that he is canceling the deal. I asked the broker to return my cheque but he refused to do so. I gave an application for stop payment describing the event. The Broker deposited the cheque for clearance on his company's name and the payment was stopped. Since the party had already paid me more than 75% he told me proceed the deal without the broker. Now the deal is over, the broker is threatening me that he will send goons at my house, will file suit against me for stop payment. He is calling me more 20-30 times and threatening me. I have filed a NC against him, but still he is threatening me. I have never given him any written comittment for brokerage. Please advice.

Asked on 5/08/09, 9:03 am

4 Answers from Attorneys

Fahri Toga TOGA//OKSUZ

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Re: stop payment

We think that we can help you to solve your affairs forthwith, please send us your documents or write an detailed e-mail in order to notify the circumstance. We checked over the documents thereafter, we will return your added phone number,e-mail or address,as soon as.

Answered on 5/11/09, 3:29 am

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Pranav Desai PD Legal & Associates

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Re: stop payment

Approach the police station and inform them about the development after the NC. If the police is not ready to proceed in the matter. You can consider approaching the superior officer or approach the court for necessary directions.

Answered on 5/09/09, 7:36 am

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