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How to recover loan given to someone
06-Apr-2023 (In Recovery Law)
confirmed loan of rs.450000 dated 1/4/2016-how to recover?
Hello sir
Firstly you need to send a notice to the concern person demanding back the amount. If still he d.'snt pay. U can file a recovery suit against that person . Within the jurisdiction of which court you reside
Firstly you need to send a notice to the concern person demanding back the amount. If still he d.'snt pay. U can file a recovery suit against that person . Within the jurisdiction of which court you reside
Helpful?
10+
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Adv. Sajida Shaikh
Pune | 25+ Answers
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Hi,
There are various ways to recover a loan,
You can file a money recovery suit,
You can file a summary suit under Order 37, Rule 2 of the Civil Procedure code, 1908. However, the course of action differs from case to case basis and on the basis of evidence available.
There are various ways to recover a loan,
You can file a money recovery suit,
You can file a summary suit under Order 37, Rule 2 of the Civil Procedure code, 1908. However, the course of action differs from case to case basis and on the basis of evidence available.
Helpful?
23+
23+
Adv. Rushil Aiya
Mumbai | 100+ Answers
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