LawRato

I have given 6 lakh friendly loan to my friend through bank trnsfer


19-Jul-2023 (In Recovery Law)
I have given friendly loan to my friend of 6 lakh(bank transfer)(no written agreement for loan)to my friend. I want to ask in which court should i fill case civil or commercial court. My advocate is saying commercial court. And also section in which it is to be filed.
Answers (5)

Answer #1
915 votes
First of all rather than going legally you should serve him a legal notice and in that notice you must write that either return my money back or face legal action which will be at his own risk. After that if he fails to give you a satisfactory reply then you can anytime file a recovery suit in the court to claim your money back along with interest. For more legal assistance I am just a call away.
Helpful? LawRato LawRato
Advocate Jitender Singh

Adv. Jitender Singh

LawRato Delhi | 1000+ Answers
Chat with Advocate Jitender Singh Chat 
Answer #2
996 votes
If you have given friendly loan then you need to first hire an expertly advocate n not the one who doesn’t have sufficient expertise in such cases ! In your case, first a legal notice needs to be sent via your advocate for demand and thenceforth you suit for recovery B in touch
Helpful? LawRato LawRato
Advocate D. Khan

Adv. D. Khan

LawRatoDelhi | 1000+ Answers
Chat with Advocate D. Khan Chat 
Answer #3
697 votes
A loan given to friend does not fall under category of commercial loan and a case for recovery of such amount cannot be filed in commercial court. rather you must file a case in civil court under summary proceedings. this would result in your recovering the money in shortest possible time. should you have any queries feel free to contact me
Helpful? LawRato LawRato
Advocate Kunal Seth

Adv. Kunal Seth

LawRatoDelhi | 700+ Answers
Chat with Advocate Kunal Seth Chat 
Answer #4
624 votes
Sir You can’t file a commercial suit this is case of friendly loan and you will be filing an ordinary civil suit. Please feel free to contact me for any further information. Regards Advocate sanchit goyal
Helpful? LawRato LawRato
Advocate Sanchit Goyal

Adv. Sanchit Goyal

LawRatoDelhi | 25+ Answers
Chat with Advocate Sanchit Goyal Chat 
Answer #5
525 votes
1. You can go for a civil recovery suit in civil court. 2. Or in magistrate court if you have a cheque in relation to that transaction. 3. For going to commercial court your matter needs to fall into the category of commercial disputes mentioned in Sec 2(c) of commercial court Act, 2015. 4. From the facts given by you, your matter relates to the civil recovery suit.
Helpful? LawRato LawRato
Advocate Mohit Rajput

Adv. Mohit Rajput

LawRatoDelhi | 100+ Answers
Chat with Advocate Mohit Rajput Chat 

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?

Connect with top Recovery lawyers for your specific legal issue
Connect with a Lawyer
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."

All Answers

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

LawRato