respected sir / madam
cheque presenting date is 29- sep-20109rs 45,000) but i had not dishonoured the cheque , i just got to bank and asked banker about cheque issued party balance and came back.
my details regarding cheque are
18-aug-2010 -----i issued cheque of rs 90000 for purchasing goods to xy z party
on 24-sep-2010 party refuses to manufacture goods reason he gives he cant arrange yarn and has no labour in factory and we request him to give cheque back . he issued a cheque of rs 90000 dated 25-sep-2010.
and now as above
on the date of presenting the cheque ( as local clearing and same bank ) bank officer says this a/c has no funds and than i call him and he says i will pay after two days , than after two days he gives us rs 45000 cheque of same day and one rs 45000 cheque of next day but now he is not paying rs 45000( no funds in his account) .
can i get my money back ? in what time ?