quesI lent money to friend in emergency. Now not returning it. What to do?

Dear Sir/Ma'am, I have given Rs 5 lakhs to one my known persona for his emergency help and was to return within 3-4 days. but he has not returned as its been more than 6 months. I have given him from my company's account to his personal account through cheque. What is the legal action can i take against him and what is approx time to get such cases to get settled. Thanks

  • ansYou will have to send him a Legal Notice, and thereafter take appropriate civil and criminal proceedings depending on the reply to the Legal Notice.

     

  • ansWe suggest him to send him a legal notice thereby demanding money. Invade if fails to give money then you can file a civil suit against him

    Advocate Sudershani Ray

      Kailash Hills, Delhi

  • ansYou will have to send him a Legal Notice, and thereafter take appropriate civil and criminal proceedings depending on the reply to the Legal Notice.

    Advocate Arjun Vinod Bobde

      Supreme Court of India, Delhi

  • 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 Recovery Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or book a Detailed Consultation with a Lawyer of your choice to address your query in detail.
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