Dummy cheque

Since the buyer and seller mutually agreed, why is there a cheque bounce issue?

Not cheque bounce case sir. An exchange of cash happens in place of the dummy reference. Is it not a misrepresentation to SR? Any violation of registration act etc?

Neither facts nor query is clear, redraft it.

You buyer or seller, who is opposing?  any fraud is committed, if that🤭is the aggrivied party can challenge it in court. If deed is not still registered approach for stay in court.

It is an offence under criminal law for mentioning the dummy cheque number and then pay cash towards sale consideration amount.

The cash paid will not come into account hence the sale consideration amount will not be the same as what is mentioned in the sale deed, therefore it is an act of cheating, besides if it is a dummy cheque and found later by income tax department then you may get notice to show cause that why action cannot be initiated against you in this regard, and also it can be considered as a sham sale deed hence invalid.

You may better don't get into trouble despite knowing the seriousness.

Thank you for your reply. A co-seller did this. As another co-seller aggrieved by a different matter I discovered this later.

Contact, consult and engage a local prudent lawyer for proper analyses of facts/ documents, professional advise and necessary proceeding.

How you are connected with the matter? 

The posting suggests deeper issues. Please post complete facts.