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Legal remedy to recover money from chit fund


01-Feb-2023 (In Recovery Law)
need and advice for my money is stuck in chit fund and i need to recover it. plzz help
Answers (3)

Answer #1
876 votes
You need to send legal notice to the chit fund company, if the chit fund company fails to reply any positive reply towards the same then file liquidation proceeding against the same. The nbfc company who has worth more of 1 crore then you can make liquidation proceeding before DRT
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Advocate Prem Dhurvey

Adv. Prem Dhurvey

LawRato Mumbai | 25+ Answers
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Answer #2
973 votes
1. Send a legal Notice 2. criminal complaint with police 3.file a money recovery suit You can take any of the or all of the above mentioned actions.It is not difficult to recover your hard earned money.
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Advocate Manoj Parve

Adv. Manoj Parve

LawRatoPune | 25+ Answers
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Answer #3
737 votes
First you may send legal notice for recovery of your hard earning money. If matter will not be setteled between you and he will not repay the money. Then filed police complaint against him for recovery money
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Advocate Pallavi Digambar Sonawane

Adv. Pallavi Digambar Sonawane

LawRatoThane | 50+ Answers
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