Legal Question in Real Estate Law in India

Sir I sold my flat to my friend in ggod faith without getting any money though I got 3 cheques from him. I registered my flat in his name in the month of January'2012. I deposited 1 cheque in the month of July which got bounced. I have 2 more cheques with me. He has given the registered agreement as security for his business. I want to know how to cancel the registry? What is the procedure? If I deposit the other cheques it will also get bounced. Pls advice


Asked on 9/03/12, 2:25 am

2 Answers from Attorneys

RAJIV GUPTA (Cell: +91 9811284735) [email protected]

you can seek cancellation of registered agreement on the ground of bouncing of cheque. you can also file a complaint under negotiable instruments act if you want to honour the agreement.

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Answered on 9/03/12, 5:02 am
Shrichand Nahar S.V.Nahar, Advocate

All the parties to the a registered document may go and register a cancellation.

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Answered on 10/14/12, 11:44 pm


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