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Gave money to friend to invest in stock market, how to recover it back
29-Mar-2023 (In Recovery Law)
One of my friend of previous company took an amount of Rs.60000 to invest in stock market. Now he is refusing to return that money. I transferred Rs.30000 by internet banking. Rest Rs.30000 I gave him cash. Now both of us have changed the company. He lives in Mumbai and I live in Sonipat. I sent him legal notice through a lawyer but he refused to accept that notice. Notice returned back. What can I do now.
You can file a recovery suit against him for recovering Rs.60000/-. if you want you can ask for interest on that money, harassment charges and litigation charges from him by filing the said suit/case.
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Adv. Arun Singh
Gurgaon | 100+ Answers
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You can file suit for recovery of amount as you already have proof of 30 thousand in the shape of net banking and for the balance you have to prove from which source you have drawn money to give your friend.
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Adv. Rajesh Kumar Moudgil
Chandigarh | 25+ Answers
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