Dear Sir,
My answers are as follows:
1. Does this qualify as time barred debt?
Ans: The time spent in the Courts does not qualify for filing a suit. The limitation of three years will be counted from the date of dishonour of cheque.
2. If the opposite lawyer classifies this as time barred debt, how shall we counter this so as to safeguard our stand.
Ans: The other side cannot say that it is time barred debt in criminal case as it might have filed within prescribed period.
3. Will i get a decree for interest and what about wasted time?
Ans: If you are going to file civil suit on the above cheques within three years of period as stated above then you will get interest all along.
4. After we win the case, in case he doesn't pay, what measures must I take.?
Ans: There are so many remedies like attachment of property and even putting him in jail for non payment of decreetal amount.
5. If he loses here, will he get relief in any other court?
Ans: Both cases are different and no party can rely upon result of criminal case.
6. Should i send a caveat to protect my interest. If he loses.
Ans: You need not.
7. How is the best pay to move forward?
Ans: If you share all the details then only it is possible.