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Recovery of Money loaned to friend


30-Jul-2023 (In Recovery Law)
I am currently based in Canada. I loaned my friend in India a big sum of money 2 years ago. She has been telling me that she will return the money for last one year and giving excuses one after another. Can a file a case against her and how long do I need to be in India for it. I am currently in India for next one week.
Answers (1)

Answer #1
671 votes
hi, I hope money given in loan is through bank transactions. you can easily get your money by filing police complaint against your friend. if your friend will not return the money she will have to face cheating charges that too in nri cell. if you want to file civil case you have to deposit court fees for that amount and it will be very lengthy procedure. you will have to wait for atleast 10 years to get your money back. rgds shivam
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