LawRato

Denied to repay the money lent


20-Jan-2023 (In Recovery Law)
I lended 50k to a person who was in need and took a cheque in return. Now he denies to repay the amount ,what legal action can I take against him ??
Answers (2)

Answer #1
632 votes
It is simple put the cheque for encashment and if the said is dishonoured, then proceed under NI Act by primarily issuing a fifteen days notice and then by filing a criminal complaint before the competent court having jurisdiction.
Answer #2
802 votes
Present a cheque in a bank and if cheque is dishonoured than send him a notice for demand of payment within 1 month of dishonour of cheque and wait for payment till 15 days and if than also he is not paying file a criminal case against him within 1 month.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."