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My Friend Is Not Giving Money Back
24-Apr-2023 (In Cheque Bounce Law)
I give 15 lakh to on of my friend now he is telling me to wait more 3 month to repay how can I legalize this friendly loan so that I can easily recovery the money by the help of law
Query perused. I will advise you to execute certain documents which will enable you take an appropriate legal action in future in the event your friend fails to pay you the money back. For further consultancy and legal services you may contact us.
Helpful?
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Adv. Anubhav Kathuria
Delhi | 500+ Answers
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Hi,
What’s the proof that you gave a friendly loan to your friend?
What’s the security like a cheque or agreement you have with you?
Approach him to sign a loan agreement and also give a cheque.
For details contact me.
What’s the proof that you gave a friendly loan to your friend?
What’s the security like a cheque or agreement you have with you?
Approach him to sign a loan agreement and also give a cheque.
For details contact me.
Helpful?
15+
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Adv. Kabir Hazarika
Delhi | 100+ Answers
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in this matter you need to go through legal matter procedure.and you have to declare tht you have give 15 lac loan to ur friend .your money you will get no issue but for tht you have hire a advocate who will file a case in court .then only ur money can get recovered.
Helpful?
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Adv. Vishwanath Pratap Singh
Delhi | 500+ Answers
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you have various ways to get out of this situation wherein you can initiate legal proceedings against your friend. you can either take it in writing from your friend that he owes you the money or you can take a post-dated cheque from him
Helpful?
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Adv. Rohan Sharma
Delhi | 200+ Answers
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Hi,
You may take a cheque of said amount from him and incase the cheque bounce then you may initiate proceedings under 138 of Negotiable instrument Act against him.
For more information feel free to have a word with us, all the best.
You may take a cheque of said amount from him and incase the cheque bounce then you may initiate proceedings under 138 of Negotiable instrument Act against him.
For more information feel free to have a word with us, all the best.
Helpful?
11+
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Adv. Sahej Uban
Delhi | 500+ Answers
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