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What is the procedure to enter into a legal agreement


21-Jul-2023 (In Documentation Law)
I need to ask whether I should use legal stamp(Rs. 10, Rs. 20 etc.) paper or plain paper when I am lending one of my colleagues an amount of more than Rs. 2 lacs which he has to pay within 6 months failing which he needs to pay an interest of 18% per annum. I need proper format by which I can take legal action against him if he is absconding. Also, he, his father and brother are also involved in the transaction. Kindly guide me.
Answers (1)

Answer #1
620 votes
Working on the stamp paper notarized should be done. The format and everything can only be provided upon the details which would be chargeable. If you need any assistance you can call me for the same.

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