639+ Lawyers are online 
How to recover money lent to friend in spite of signed agreement?
16-Sep-2023 (In Recovery Law)
i give 10 lac loan to my friend by cash. he give me 2 signed blank cheque & now trf only 2 lac in my bank ac. he give me false promise after that some of my known person come in this matter & my friend give me plain paper signed agreement in which he promise to return my money in a two months. But now after passed agreement date period he refuse to pay my money back. Plz tell me what i do to recover my money? will i make police on basis of that plain paper agreement & will police make FIR against him under 420? is any possiblity police officer make register case under ipc 420? plz tell me. thanks
Dear
As you have given rupee 10 lac to your friend as a loan. He has transferred rupees two lacs in your account. He has given you a blank paper with his signature. Please do one thing (i) Write an loan agreement with interest @12% or @18% on that paper in prior dates in which he has transferred the amount in your account. (ii) In loan agreement you write the cheque Nos. which he has given to you. (iii) After writing agreement get it signed by two witness who can give evidence for you. (iv) Cheques if are blank fill up the amount and put in your account then under 138 act you can file the case if cheques are not blank then file a case in the court suit for recovery.
As you have given rupee 10 lac to your friend as a loan. He has transferred rupees two lacs in your account. He has given you a blank paper with his signature. Please do one thing (i) Write an loan agreement with interest @12% or @18% on that paper in prior dates in which he has transferred the amount in your account. (ii) In loan agreement you write the cheque Nos. which he has given to you. (iii) After writing agreement get it signed by two witness who can give evidence for you. (iv) Cheques if are blank fill up the amount and put in your account then under 138 act you can file the case if cheques are not blank then file a case in the court suit for recovery.
Helpful?
10+
10+
Adv. Ganesh Kumar Sharma
Chandigarh | 100+ Answers
CONTACT NOW
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Recovery lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
