Recovery of money lent in Dubai as one loan agreement signed in India
08-Mar-2023 (In Recovery Law)
Dear Sir, me and my friend was working in dubai uae. I have given Rs25 lacs equivalent of UAE dirham to my friend in cash as short term hand loan in cash in dubai in 2016. He has given me same value cheques. after that he lost his business and now he is not returning my money. He has signed one loan agreement in india also. Please let me know how I can get my money back. With Regards
Kindly let me know weather the said security cheques are undated. You can file a civil recovery suit in India on the basis of the aforesaid agreement. You can also recover your money by filling a cheque bounce case. A cheque is valid for 90 days. I hope the cheque is undated or 90 days limitation is not expire. Kindly let me know the banks name to which the cheques belong. For further detailed line of action and more specific advice kindly book a consultancy call and give me the said details.
Dear Client,
There is two stage to recover your amount.
1) You have to deposit his chaque in your Indian Bank account, if the chaque is bounce by reason "insufficient funds", you have to file 138 case. It is short time process.
2) Civil case for recovery of amount, it is long time process.
There is two stage to recover your amount.
1) You have to deposit his chaque in your Indian Bank account, if the chaque is bounce by reason "insufficient funds", you have to file 138 case. It is short time process.
2) Civil case for recovery of amount, it is long time process.
First make police complainant regarding the same.
2. File summary suit against the same person.
3. Intiate 138 complaint by bouncing alll its cheques that is with you.
Send reminding notice and also make notice to embassy.
2. File summary suit against the same person.
3. Intiate 138 complaint by bouncing alll its cheques that is with you.
Send reminding notice and also make notice to embassy.
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