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Friend not giving money back with interest how to proceed now by law


25-Sep-2023 (In Cheque Bounce Law)
i gave sm money to some one on interest basis for one year. he deposited blank cheque as a security. but now he has not given interest from last 9 months. just paid first 3 months. now he says my condition is not good i cant pay now. i will give u later whn possible. i cooperate a lot. but now not possible for me. wht can i do best without any court case. any other way or option from i can get my money back.or single option court...please suggest earliest. 
Answers (4)

Answer #1
523 votes
Bounce the cheque and file 138 cheque bouncing case.

Its a criminal offence to dishonour a cheque he will come and settle the case and return your money iam very much sure.

Feel free to contact me
Atul Kumar Singh Advocate
Answer #2
976 votes
Deposit his cheque in your bank account after that if cheque get bounce then you need to serve him a legal demand notice with the help of a good advocate. Again if he do not reply to your notice then you need to file complaint before the court of law.
Answer #3
658 votes
You cannot go on waiting. You either present his cheque and if it is dishonored, file a case under section 138 NI Act for cheque bound. And you can also file a civil case for recovery of said amount.
Answer #4
869 votes
Hi
you sir have 2 options.
1.. you can deposit the cheque and the when gets dishonoured you an initiate 138 NI act proceedings.
2. you can file recovery suit u/o 37 CPC that is possible when you have some written communication wherein he has admitted his liability towards you.

Feel free to contact for further information/query.
Thanks & Regards

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