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How to recover the security deposited to friend for a loan


13-Feb-2023 (In Civil Law)
Sir/ma'am I have taken sum of rs 35000/- against my bike and my id (pan card no passbook copy ) I have returned the amount this December rather I transferred I his account . But between that time he invested some money in my business idea around 2 lakhs including 4 partners now the business dint worked out and he held me responsible for that and started threatening me for 1 lakh no paper work was done because he invested in tech support which illegal now in India and also produce a fake cheque saying that he file a complaint against me and my family what to do not he s returning my bike what he can do or what I can do plz help me am just 23 . He is also calling my family members and saying all made up things ..please let me know am in depression because of this guy I regret doing it
Answers (3)

Answer #1
841 votes
In that case which trade expressly barred by law u can't do that. Secondly u can recover the money but there is some consequences, may be he filed a complaint or logged an fir before police for illegal activity
Answer #2
623 votes
Dear client please provide me full disclosure of facts. So that proper and appropriate legal advise provided to you....you have to contact me..... ...
Answer #3
649 votes
first of all you don't scare. there are lots of alternatives to get out from this problems. it happened with anyone. if he is threatning then I tell you, I 'll not leave that guy....n he feel sorry or appologise for all the wrong he did.....

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