Cheating by Friend
I purchased land from my friend in April, 2010 for Rs. 9 lakhs in Wayanad. The sale was not registered but there was an greement which allowed me the right to sell it to anyone or register it in my name. This agreement was made bu my friend never handed it over to me.I wanted to sell the property quicly and make quick money but the price of that land became stagnant due to the Kasturirangan Report. Meanwhile in June 2015, my friend sold the land without informing me for Rs. 11.5 lakhs. I was informed by the neighbour about the sale. My friend first denied the sale but then accepted it and promised to pay me Rs. 13.5 lakh for the property but refused to hand over the agreement made in April, 2010 and gave me Rs. 2 lakhs at that time. We again made an agreement in December 2015 as per which my friend would pay me Rs. 5 lakhs on Jan 15th and 6.5 lakhs onMarch 30th. This was notarized and 2 supporting cheques were also provided whose cheque numbers are quoted on the agreement. The cheques were CTS compatible from Wayanad District Co-operative Bank. February 2016: I had dropped the first cheque for 2 lakhs which was rejected after a month, because of insufficient funds and the cheque was lost in transit from Wayanad District bank. So, basically I have lost the first cheque. May 2016: I have not received any payment from my friend. What should I do now? Should I drop the second cheque for the remaining amount of 8.5 lakhs. I’m afraid that I might lose this cheque as well, and I think he has manipulated the bank to lose the first cheque. Please provide support and suggestion to recover this money.
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