LawRato

Recovery of pending loaned money


02-Dec-2024 (In Recovery Law)
I have given 10 Lakh rupees to one of my childhood friend and his father with a promise of 1.7 percent monthly interest and they suppose to return the money within 6 month. It has been now almost 3.5 year and they are not returning any money. I don't have any wrriten agreement as well. Oy proof i have is few calls record and whatsapp message and all the money were transferred from Bank to bank. What can i do now ?
Answers (2)

Answer #1
670 votes
Hello Sir /mam Firstly ,you can send legal notice to them Secondly , You can file civil recovery suit. You can contact me over phone call or whats app for further assistance. Thank You Regards Advocate Kuber Hooda
Helpful? LawRato LawRato
Answer #2
684 votes
Greetings for the day, In this situation you should file a recovery suit against such person before the civil court of appropriate jurisdiction in order to get your money back along with applicable interest on it.
Helpful? LawRato LawRato

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 Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."