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Friend refusing to return money lent earlier. What should I do?
28-Feb-2023 (In Recovery Law)
i sent the money through net banking one of my friend , he is not ready to give my money . its close to 3 years now i sent almost 2lacks 30 k from my personal account to his account i just recorded one call discussion. could you please help me in this asap
If your friend is very adamant in returning back your amount then you have the option to file a recovery suit against him by approaching the civil court. More importantly the interest part depends on the terms of the documents available with you.
The limitation to file recovery suit is 3 years, calculated from the date of refusal to return the amount or as per the terms of the agreement, as per Limitation Act.
You also need to pay appropriate court fees as per Court Fee Act while filing recovery suit.
The limitation to file recovery suit is 3 years, calculated from the date of refusal to return the amount or as per the terms of the agreement, as per Limitation Act.
You also need to pay appropriate court fees as per Court Fee Act while filing recovery suit.
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Adv. Siddhant Sharma
Delhi | 500+ Answers
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