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loan amount recovery of Five lakhs


08-Nov-2025 (In Recovery Law)
Please help me out with relevant case laws in relation to recovery of amount of Five lakhs . Concrete case laws to support my claim.
Answers (3)

Answer #1
936 votes
First of all rather than going legally you should serve him/her a legal notice and in that notice you can write that either pay my money or face legal action which will be at your own risk. After that if he/she 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 compensations.
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Answer #2
981 votes
You can definitely file a civil suit for recovery of the amount. However, you would need to provide the relevant documents and the factual circumstances in order for me to assist you. Case laws would depends on the facts and circumstances of the case, and wouldn't be that necessary depending on the facts of the case.
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Answer #3
726 votes
In a recovery matter for an amount of ₹5,00,000, you can file a civil suit for recovery of money under Order IV Rule 1 CPC read with Order VII Rule 1 CPC before the appropriate Civil Court having jurisdiction. The suit can be based on a written agreement, promissory note, cheque, or acknowledgment of debt. If the amount is supported by a cheque that was dishonoured, you may also initiate proceedings under Section 138 of the Negotiable Instruments Act, 1881 in addition to the civil remedy.
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