Rs.41,64,105/- and the complainant paid Rs.10 lakhs as an advance. However, the said V.V.Sekaran failed to come forward to execute any sale deed on receipt of the balance sale consideration. Therefore, both approached him. Thereafter, without the knowledge of the complainant, the accused alone approached him and obtained Power of Attorney in his favour in respect of the above said properties. Thereafter, he started selling the house plots. After the complainant came to know about the said fact, when the complainant approached the petitioner, he assured to return back the complainant's money either by way of plots or by way of equivalent cash. He had executed a deed of assurance on 15.06.2013 and he also issued a post-dated cheque on 15.08.2013 for a sum of Rs.17,50,000/- in order to discharge the legally enforceable debt. When the said cheque was presented for collection and the same was returned for the reason “funds insufficient”. After causing statutory notice to the petitioner, the respondent lodged a complaint.
