Gave 5 lakh rs to a person and he is not returning money
23-May-2023 (In Recovery Law)
Sir maine kisi bande ko 5 lakh ka cheque uski farm ke nam par diya tha aur 2.5 lakh ka mal liya ab wo banda rest ammount dene ke liye mana kar raha hai ki apne baki ka mal hi nahi liya.. Kindly suggest
If any person to whom you have given loan of any amount, then in such case you shall have the right to claim money amount from that person by filing a recovery suit under order 7 rule 2 of CPC against that person. But before you file any recovery suit you shall have to send a legal notice for the recovery of the said amount of loan by giving him 7 days to repay. If he does not pay the loan amount within 7 days of such period, then the civil proceedings shall be commenced against him.
Also, if you have had any agreement regarding the same transaction then you will have to look into the clauses of the said agreement.
Also, if you have had any agreement regarding the same transaction then you will have to look into the clauses of the said agreement.
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.
Connect with top Recovery lawyers for your specific legal issue
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."