Sir, We have written memorundam of understanding on stamp paper and I have done all my transactions account to account and by cheque. I have given the secured hand loan (with the land mortgaged on my name in the registered office) to a friend and he repaid partly in the principle amount and for the remaining he has given cheques. Those cheques are bounced when I deposited. I have presented in the same bank where he has the account, teller looked at the cheques and returned the cheques with insufficient funds as memo for each cheque. Is this memo sufficient to fight cheque bounce case? He is continuously postponing and if I ask him about it, he is telling that not going to pay the remaining amount (or) giving some date and saying there is some problem in paying back. I have email evidences that we communicated between us with the amount due. Is the email evidence valid in the court of law for communication that how much he is due? please suggest some good lawyers in cheque bounce and land litigations in hyderabad. How do I recover my money?
Do I need to represent the cheques again before going for a case? When I checked the statement of my account it does not have the credit and debit of the cheque amount as it is from the same bank, but the charges for return cheque unpaid was charged to my account with cheque numbers mentioned. If I am going for a case, is this proof sufficient?
The cheques are stamped with that bank and again at the back of the cheque it was mentioned that all stamps are cancelled because there was no funds in the account.
How long does the cheque bounce case take? please advice on this matter.