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Want to stop cheque payment or bounce


10-May-2023 (In Banking / Finance Law)
I booked an property in noida for amount of 51000/- and also give a post dated cheque of amount of rupees 1lac 10 thousand that I don't want to purchase this property and wanted to do stop PD cheque what should I do .
Answers (3)

Answer #1
628 votes
hello Sanjay
in this matter you have to legal steps for cancellation of the said property.if u simply stop the cheque then you have to face the cases against tht so
you need to take advice from advocate. first
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Answer #2
706 votes
Hi,

Hi,

You shall send a legal notice asking them to refund your 51000 after forfeituring the booking of the property and sending a notice that you shall not be liable for it in future.

Feel free to contact
Madhav Nanda
Advocate
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Answer #3
774 votes
Hi Sajan!

Your case comes under RERA. You need to write a letter to your builder that you want to cancel the booking. There is a provision in RERA regarding this.
My team can assist you with this, let me know if you need our help.

Regards
Smriti
Advocate
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