Heat the oil in a frying pan and lightly fry the paneer cubes for 5 minutes until golden.
Remove with a slotted spoon. Drain on kitchen paper and set aside.
In the same frying pan you used to fry the cheese, gently fry the chillies, garlic, sugar, black pepper, vinegar, tomato ketchup, soy and chilli sauces with 2 tablespoons boiling water for a couple of minutes over a low heat.
Return the paneer to the frying pan and mix well, smothering the paneer cubes with the sauce.