23 September 2020
Sir, I gave a blank cheque with my sign and without date and amount for a cash loan of Rs.1 lakh to my relative lender. However I repaid Rs.50,000.00 in past 2 years. Due to some financial situtaion i couldnt repay balance 50,000.00 But today I came to know that he his trying to present the cheque to bounce back and file a case. Kindly suggest me what to do. whether can i approach bank to stop payment for the cheque saying that it is missing. Will it be okay.
He is your relative so try to convince him and take more time for repayment of the cash loan amount. You can stop payment of the cheque saying that it is missing but he will proceed and file case against you.
25 September 2020
Lender is your relative and in good faith you have given blank cheque though not to be given. Settle the issue with elders amicably and get all cheques returned to you and complaint and notice withdrawn by him.