My Querry is as under:-
I have received a cheque of Rs.20Lakhs in the year 2007 in my favour. The said cheque is:-
1) NON MICR cheque.
2) Not Dated.
3) Signed by the Issuer.
4) My account is with SBI.
Brief Fact of the case:- The issuer had requested me continously not to deposit the cheque as he dont have sufficient balance in his account. I waited for more than 5 years and finally I decided to deposit the cheque by puting today's date so that if the cheque gets dishonoured I can take legal action u/s 138 of Negotiable Instrument Act.
But when I approached the bank for depositing the NON - MICR Cheque, the bank refused to accept the cheque, stating that the cheque is old and they will not accept the same as it is NON-MICR cheque.
Kindly suggest me what action I take now, Because if the cheque untill the cheque is not dishonoured, I Cant take any legal action.
PLEASE SUGGEST TO RECOVER THE SAID AMOUNT.
THANK YOU VERY MUCH...
