Lender lost cheque, blank agreement given against loan

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1. Repay only through a traceable mode — bank transfer/UPI, with narration stating that it is full and final repayment of the particular loan. 2. Obtain a written full-and-final settlement / No-Dues acknowledgment, expressly recording that no amount remains payable. 3. Give the lender a written declaration requiring him to confirm that the signed blank cheque and blank agreement are lost/not in his possession and will not be used. 4. Since the cheque number is unknown, approach your bank and explain that a signed blank cheque has been lost and ask what stop-payment/blocking options are available for the relevant cheque series. 5. Make a written police complaint/CSR regarding the lost signed cheque and signed document, particularly if the lender refuses to provide a written confirmation. 6. Keep copies of the loan transaction, repayment proof, messages, settlement acknowledgment and police complaint permanently. 7. If the lender later attempts to misuse the cheque/document, these records will help establish that the underlying liability had already been discharged and that the instrument was reported as lost.

Advocate V Arunagiri LawRato