hi i m amit from jhajjar , Haryana.I gave 7 lacs to my neighbourhood friend for 6 months which will over on 3 april,2013. he is bsnl govt. employee. he gave me written on stamp paper that he took ruppes from me and he will give me before six months else me will withdraw through cheque. he gave me four cheques. now i am relizing. he will not able to pay at given time.
i want to know that
1. can i submitt cheque before 6 mont because he gave me old standard cheques as par govt. rules they will expire on 31 march.
2. will he suspend after i filed cheque bounce case against him.
what should i do pls guide me..