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Investment as well as loan to a friend which is yet returned .


10-Oct-2025 (In Recovery Law)
Hello, Madam/Sir I had invested some amount by gold loan.I had taken gold loan(oct23)and it was just for 4/5months that i friend assured . I received the profit every month 15k but after period of 4months I wanted back my principal amount as discussed earlier since it was late from their side(3rdparty)they compensated and added more amount and gave a cheque.But ths cheque instead of depositing in my account my friend had taken on her name and deposited in her account .
Answers (4)

Answer #1
541 votes
Print on ₹100 or ₹200 stamp paper (non-judicial). 2. Get both signatures and two witnesses. 3. Keep proof of payment (bank transfer, UPI screenshot, or cheque copy). 4. If the amount is large, get it notarized for added authenticity. 5. Optionally, include ID proof copies of both parties. Would you like me to fill in the above agreement
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Advocate Mahrukh Khan

Adv. Mahrukh Khan

LawRato Mumbai | 200+ Answers
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Answer #2
604 votes
hello, give a legal notice to your friend saying that you have done wrong and breached the trust of you the investor, it is a criminal breach of trust in the hands of your friend, there is a provision in Bhartiya Nayay Sanhita, 2023, which deals with criminal breach of trust and cheating, tell your friend to transfer the amount in your account or you will file a case and FIR against the friend and the third party.
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Advocate Moksh Jain

Adv. Moksh Jain

LawRatoMumbai | 100+ Answers
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Answer #3
799 votes
Based on your query, this appears to be a case of misappropriation and cheating by your friend. You can send a legal notice to your friend demanding a refund of the amount. If not paid, file a police complaint under sections 406 and 420 IPC for cheating and breach of trust. Also, you can file a civil suit for recovery with interest. Keep all payment proofs safe. Although it depends on the whole case and the available documents.
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Advocate Saylee Chaudhari

Adv. Saylee Chaudhari

LawRatoDombivli | 50+ Answers
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Answer #4
532 votes
So, you are saying, you have trust issues on your friend, if this is the case, then I can assist you that how you can legally get your money back from your friend. Moreover, the Lender has committed Professional Misconduct, why at the first place itself, they have handed over the cheque to your friend, when it was supposed to be issued to you?
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Advocate Pankaj Bajaj

Adv. Pankaj Bajaj

LawRatoMumbai | 1000+ Answers
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