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Guarantor seeking remedy for non payment by principal debtor


13-Jul-2023 (In Family Law)
My friend have given 10 lac to my brother on my guarantee but my brother not given back i dont have any paper evidence,but have eyewitnesses what i should be done now
Answers (2)

Answer #1
658 votes
You and your friend together can make an attempt to recover. Let your friend send a notice to both of you narrating the facts. Wait and see what your brother does. Then let your friend file a suit for recovery. you give witness for your friend.
Answer #2
953 votes
1.How did your friend gave money to your brother? through MONEY TRANSFER , CHEQUE or CASH ?
2. Did your brother gave him any Post dated cheques in return as a security while receiving the the cash from your friend ? please clarify

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