I had issued Chqeue No. 502770 of Rs 2, 50, 000/- to M/s Laxmi Narayan Gupta Metal Industries, Dhamtari, The party has presented the aforesaid cheque on 04.08.2009, but the bank has returned the cheque on the ground insufficient funds, however I had deposit the sum of Rs.2, 25, 000/- in cash on 04.08.2009 at 10.30 a.m.
Due to the mistake of bank, the party has suffered huge losses and the party is challenging me for recovery...