Lent money to friend by account payee cheque. How can i recover it?
I lent Rs. 1 lac to my friend by account payee cheque. Now how can I get my money back?
Answers (1)
You can get issued a legal notice for demand of the amount loaned to your friend. In case, the amount is not paid, you can file a suit for recovery of the said amount. Any correspondence with your friend wherein the refrence to this loan is made, would help you in proving that the said amount was given to him as a loan.
The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.
Popular Recovery Lawyers
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 Recovery Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or contact a Lawyer of your choice to address your query in detail.
Related questions
- Denied to repay the money lent
- Sir regarding claiming damage loss amount from ancestral property
- Deposited money in bank. Now bank denying to return money as no files.
- Money lenders charging high interest can we stop them legally
- Not received any refund from the company paid for acquiring Franchise
- How to Recover fixed deposit amount from defaulter Company.
"LawRato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
Related Articles
- Time limit for filing a recovery case is it valid after 3 years
- Is promissory note valid if there is no date on it?
- CAN I TAKE STAY ON AUCTION FROM DRT ?
- Can loan guarantor sue the debtor for non payment
- Law on giving safe friendly loan in India
- How to file a suit for recovery of money
- How to seek father's government job after his death
- bank sent notice to settle credit card bill what to do.
- Regarding Personal Loan Default. How to do settlement?
- Conversion of education loan account as NPA without notice
- Can bank ask guarantor to repay loan if borrower is missing
- What is the court fee for declaration suit
- Client Refusing to pay money what action can I take
- Money cheating/fraud by a friendwe have proof's How to file a case ?