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Friend Is not repaying the borrowedamount


01-Jun-2023 (In Criminal Law)
Hello, my friend asked me to help him financially so I did helped him with 50K and previous 15k total 65k he agreed to repay it in One month as soon as the loan he applied get cleared. Within a Month he bought 2nd hand Car but didn't paid me my amount which he borrowed now he gives excuses and today he simply said you can go in court i dont fear. I made alk transaction Online through Google pay to his account so have all invoices saved. How Can I proceed to warn him legally that yes I can go to court so that he may take it seriously. Or how can I go to court.
Answers (3)

Answer #1
847 votes
you can send him a legal notice initially thorugh a lawyer and see if returns or take it seriously and the notice period is of 15 days so that you can understand whether he will pay or not and if he doesnt do that then you can go the court and file a case against him immediately after 15 days of notice
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Answer #2
862 votes
feel sorry to know about your situation. You will have to send a legal notice to him through a lawyer giving him time limit to repay the amount Or warning that you shall file a civil suit and would also file a criminal complaint.
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Answer #3
628 votes
Well, you can send him a Legal Notice first to warn him , that, if he will not pay your money back. You will file a Civil Case of Money Recovery against him or else, you will get an FIR lodged under Sec 420 of the IPC which can put a stain on his career.
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