A month back, I purchased a farm land and I wanted to sell it now. But, my purchase sales deed has cheque number details and registration is done on my name already. Now, the seller is not realizing the cheque, he is asking for more money from us, making us think, what could be ill effect of not realizining the cheque?
1. Does my sales deed with him stand cancelled?
2. What if the seller now tries to tamper the cheque and submit it to bank? Does that get termed as cheque has bounced? What are the possible issues?
In such cases, what is the process followed? I need to sell that site soon, so please advise.