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Blank check and stamp paper sufficient?
05-Feb-2026 (In Corporate Law)
I have invested some small amount in the real estate project, for the evidence, they gave me writings in a 100 rupees stamp paper with their seal and signature and a blank check with the amount. It written correctly and clearly regarding my investment and returns with interest percentage and due dates etc. If they don't pay me at the end, will this document sufficient to get back to my money?
A written document on stamp paper with signatures and seal is valid evidence of a financial transaction, even if not registered, provided its contents are clear. However, it does not give automatic recovery. If payment is not made, you can file a civil suit for recovery of money based on the agreement. The blank cheque given as security can be used to initiate proceedings under Section 138 of the Negotiable Instruments Act if dishonoured, subject to legal requirements. For stronger protection, proper agreements, acknowledgments and bank trail are crucial. Courts decide based on evidence, intention, and compliance with law.
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Adv. Hemalatha Narayanan
Chennai | 100+ Answers
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Manoj
Thank you so much mam
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