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Legal action to retrieve money lent to a friend.


18-Apr-2024 (In Recovery Law)
Respectable lawyers, In 2021, I began a business with a franchise, and the owners became friends. Between the years 2021 and 2022. We had several transactions between us, including rent and bills. I've also contributed about 3 lakh for his family and business needs. My business was closed, and it's been two years. I kept asking when he would repay, but he constantly maintained he had nothing for now, and he wasn't denying or making any payments. The overdue amount is now 2,25,000 INR. Now he is
Answers (1)

Answer #1
517 votes
U file a complaint to the police under 420 and 406 IPC for cheating and criminal breach of trust. At the ame time initiate the recovery proceedings through civil court under Order 37 code of civil procedure which is a summary proceedings and is a fast track procedure for recovery of money. Contact me for any help.
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