Lost money in betting. Threatening us to recover money. What to do?

My brother used to do betting in matches. He lost around 1.5 lacs in that. After that the person who owed him the money came to him threatening him for recovery. We reached a settlement of 70 thousand and gave that money to him in 2014 and he said we need not pay more after this. Now he is again threatening us and asking for the remaining money with interest. What can we do about these threats and what ever he is doing is not legal. What should we do?

Answers (1)

308 votes

How did you arrive at settlement?Did you execute any settlement agreement wherein the amount of Rs.70,000/- was mentioned.

In case yes, then you can enforce the agreement and file a police complaint for harassment. However if no agreement was executed then it is difficult to prove that the parties arrived at settlement of Rs. 70,000/-

We suggest you to properly enter in settlement agreement wherein you should clearly define the terms of settlement, and further pay the amount in cheque or DD so that same stands as a prove for you.

If you have any prove that you paid Rs.70,000/- then please file a police complaint at your nearest police station

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