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Vinay Kumar   27 November 2022

What if the sale deed cheque got rejected.

Hi, Recently I have bought a property. In which I had mentioned  the cheque details in the sale deed. After registration, my cheque got rejected due to some technical issues. So then I made the payment to the seller through RTGS. Will this effect us? Or we need to make Rectification deed in Register office? Or I need to make some new agreement saying the above subject or It is fine to keep quite?



Learning

 3 Replies

Pradipta Nath (Advocate)     27 November 2022

Nothing to do just take acknowledgement from the seller.

1 Like

Real Soul.... (LEGAL)     28 November 2022

First of all take the instruemt /checque back- and  make a receipt and affix a  revenue stamp on it ; mention details there in and let the seller sign it in presence of witnesse .

He must sign on revenue stamp too in a way that half of signature in on stamp and half on receipt.

Dr. MPS RAMANI Ph.D.[Tech.] (Scientist/Engineer)     28 November 2022

Once payment is received by the seller in full, no action can be taken against you. But in order to protect yourself, take back the rejected cheque and cancel or destroy it.


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