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Gave money to friend and took agreement on rs.100 stamp paper
15-May-2023 (In Divorce Law)
I have given money to my friend over hand and we both has printed on the stamp paper and signed. Is it valid .now he is saying he did not take
Hello,
Yes. It is valid. Send a legal notice to your friend demanding him to pay the amount in 15 days. If he pays good, else, file a money recovery suit in the jurisdictional civil court and proceed further.
Yes. It is valid. Send a legal notice to your friend demanding him to pay the amount in 15 days. If he pays good, else, file a money recovery suit in the jurisdictional civil court and proceed further.
Helpful?
281+
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Adv. B. Srikiran
Hyderabad | 500+ Answers
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How do I make a money agreement?
The agreement should include the signatures of both parties as well as the date. If required, you can have witnesses sign the agreement. Notarization is optional, but you can choose to have your agreement notarized. Include clauses that explain what will happen if you default on your payment. 28 Feb 2023
Is a loan agreement on stamp paper valid?
The loan agreement is valid if it has been signed and stamped by both parties. This loan agreement will be crucial if the borrower defaults on the loan, that is, he fails to fulfill his commitment or takes too long to return the principal and interest.
Is stamp paper agreement legal?
The stamp paper proves that a transaction or agreement has occurred and that all parties have paid the stamp duty. Stamp paper is also a legal document that can be used to enforce an agreement in court. 11 Sept 2023
What should be the value of stamp paper for agreement?
Stamp Paper Rs. 50 for General Power of Attorney/Agreement Stamp Paper of Rs. Stamp Paper Rs. Stamp Paper of Rs.
You can file case for recovery of the amount which you gave to your friend. First send the legal notice to your friend demanding him to pay him the amount. If he will not repay the amount within the stipulated time mentioned in the legal notice you have file case for recovery.
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Adv. Murali Mohan Rao
Hyderabad | 100+ Answers
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Hi
A loan agreement or a promissory note written down on the stamp paper is a valid evidence.
you should file a summary trial case under order 37 of CPC .
Generally summary trial case under Order 37 of CPC should be completed within 6 months from the date of filing of suit unlike other cases which drag on for years.
please contact your local lawyer for filing a suit under Order 37 of CPC.
A loan agreement or a promissory note written down on the stamp paper is a valid evidence.
you should file a summary trial case under order 37 of CPC .
Generally summary trial case under Order 37 of CPC should be completed within 6 months from the date of filing of suit unlike other cases which drag on for years.
please contact your local lawyer for filing a suit under Order 37 of CPC.
Helpful?
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Adv. Rajagopalan
Hyderabad | 500+ Answers
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Dear Client,
It is valid under law. It may be treated as Hand Letter for receiving amount from you and you can file a suit for recovery of money on the basis of receipt of amount on stamp paper and signed by your friend. You must furnish full information like the quantum of amount, date of your lending of amount, whether it is in three years from now etc.,
It is valid under law. It may be treated as Hand Letter for receiving amount from you and you can file a suit for recovery of money on the basis of receipt of amount on stamp paper and signed by your friend. You must furnish full information like the quantum of amount, date of your lending of amount, whether it is in three years from now etc.,
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Adv. Sistla Rama Krishna
Vijayawada | 400+ Answers
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