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I had given loan of 500000/- to a person Person not returning


13-May-2023 (In Civil Law)
I had given loan of 500000/- to a person Person not returning When I complained to police the person is showing a receipt of settlement between me and him that he has paid me on a plain paper sign on 1 rupee revenue stamp admissible in court Thank you
Answers (2)

Answer #1
795 votes
If you have signed on the said settlement agreement which is registered and if it was obtained by coercion or without valid consent then you can file a civil suit for recovery after sending a legal notice to the said opposite party.
Answer #2
898 votes
if he has not returned the funds to you your claim is still open.

1 rs revenue stamp settlement paper is otherwise valid provided how well it is drafted and for which specific transactions.

request you to carry all documents you have in this regard and meet me. we can probably file a court case and recover this amount as well as court cases expenses from him.

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