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Transferred 50000 to my friend in 17 July 2021 and he refuse to pay me back.what do I do? He has blo


04-Apr-2023 (In Civil Law)
Transferred 50000 to my friend in 17 July 2021 and he refuse to pay me back.what do I do? He has blocked my no so I can't get in touch of him,I thought of meeting him in at his house but afraid to do so.
Answers (3)

Answer #1
933 votes
You should send him a legal notice through a counsel of your choice and if he doesn't pay you back thereafter also then you should file a case for recovery of your money that you had given as a hand loan by attaching all the proofs you have ...
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Answer #2
764 votes
The civil remedy for the recovery of money is by way of institution of a suit in a court of appropriate jurisdiction. The suit can be instituted under Order IV of the Code of Civil Procedure 1908
u can recover ur amt
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Answer #3
938 votes
If the loan is not repaid even after 180 days, the lender has the right to proceed legally against the borrower under Section 138 of the Negotiable Instruments Act 1881. Before proceeding legally, the lender will exercise all recovery measures like sending two reminders followed by a recall letter.
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