Please help me.
I issued a totally blank cheque to the other party as security for a loan of Rs. 20,000/- as i was in dire need of money but, the other party made it 1,20,000/- and got it bounced. I am an illiterate and always used to sing in hindi language. Even in account opening form I have signed it in hindi language. The other party being ignorant of this fact signed it in English language and presented it with bank and got it bounced. The reason for dishonour of the cheque is due to signature mismatch. But unfortunately I didn't had sufficient balance too inorder to honour the cheque at the time of its presentation in the bank which fact is proved in court too. But interestingly the reason for dishonour is Signature Mismatch and not Funds Insufficient. Can i held be liable or is there any remedy available for me. I had given my cheque to FSL for determination of signature in the cheque. Please help.