quesIs phone recording be evidence to prove money lent to friend?

I lent around Rs. 1 lacs to my friend through an online account transfer. He is not returning my money back. How do I get my moneyback? He still talks to me on the phone and promises to return it back. He bought land recently but did not return my money.



 



I have phone recordings where he accepts that he has to pay my money back. Since we are still normally talking, so should I take his written statement on stamp paper that he borrowed money from me or are phone recordings and account statement sufficient proof?

  • ans

    If your friend can give you in writing that he has taken a loan from you, although it may not be a stamp paper (although if it's on a stamp paper and duly notarised it would be better), then you have a good case to get your money back with interest.

     

    Once you can get this in writing, or even otherwise, you can get a legal demand notice issued to your friend and if he still doesnt pay the amount, you can file a case for recovery of amount in a competent court of law, provided the case is filed within 3 year from the date of amount lent.

  • Send a legal notice for recovery of dues @ Rs. 1999/- only


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