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Agreement need cheque is mandatory ah


16-Aug-2023 (In Banking / Finance Law)
Sir my younger sister husband gives me a 3lakh rupees loan then i will pay the emi amount monthly monthly but now he not trust me and put bond agreement then i will sign the agreement but he needs additionaly my bank cheque but its mandatory or not sir
Answers (2)

Answer #1
797 votes
Dear client
According to this issue, your duty to repay the loan. for his safety, try to get all relevant documents, such as, bond paper, cheque leaves, promissory note etc. don't give the cheque leaves without filling . it may cause some other issues. for more legal help me, please contact me through Lawrato
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Answer #2
949 votes
Dear client

I understood your issues, you borrowed the money from any one you must the signed the agreement it is goog for both of them, with pro note it is better than blank cheque. cheque is not mandatory, he will ask some intention is there for future for further details pls contact me.
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