Section 138 cheque bouncing Section 138 cheque bouncing

1 year ago

I made an MOU on Rs100/- stamp paper from accused in Tamil Nadu for acquiring agricultural land in Tamil Nadu. I am from mumbai paid 80% amount as advance against mou but an undated cheque as collateral in case accuse defaults the stipulated time. Mou states 24% per annum. Matter is in court with only date adjournment, accused buying time , my lawyer is slow in advising. What is the course ?

Anik

Responded 1 year ago

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A.Dear Client,
In the mentioned details, it is difficult to comment as property laws differ from state to state basis in matter of stamps duty and other details. It is advisable to consult an expert in this regard, moreover an advocate who has sufficient knowledge of land laws practiced in Tamil Nadu.
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