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Taken loan of 15 lac 12.50 lac given
21-Jul-2026 (In Recovery Law)
Taken loan of 15 lac 12.50 lac given for 1 year but now it's 2 years 2.50 lacs are pending and I am not denying to pay I said when ever I had money I paid slowly but the party said I will lodge a complaint or case and demanding for 3 lac interest too pls help me if they complaint against me is my job impacts as I am the only son in my family to support I don't want to be involved in these matter pls help and I will pay slowly last I paid 1 lac 1.5 month before and share your number too to reach
You can always serve the opposite party a legal notice and in that notice you can write down your difficulty to provide him the loan amount and also tell them that you are not denying to pay off the loan amount but want some time to clear off the same. This will prove to be important if he files some fake complaint against you. For more legal assistance I am just a call away.
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Adv. Jitender Singh
Delhi | 1000+ Answers
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Since you have already repaid 12.5 lakh out of 15 lakh, the matter appears to be primarily a civil dispute for recovery of the remaining 2.5 lakh. The additional 3 lakh interest can be claimed only according to the agreed terms and available proof. A complaint or recovery case will not automatically affect your employment. However, if any cheque issued by you is dishonoured, the lender may initiate separate cheque-bounce proceedings.
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Adv. Nikhil Karwal
Delhi | 25+ Answers
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Sir, firstly only filing complaint is not suffice to initiate action against any person. Secondly, there are stages added by BNSS that enables the accused to have the case be terminated at its threshold. Lastly, it is necessary and strongly advisable to take action as early as possible before that person took further recourse as best defense is attack first. For precise advice proper analysis of your case is pre requisite.
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Adv. Harshit R Gupta
Delhi | 25+ Answers
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you can enter into a settlement agreement with the lender for payment in installments.
usually such cases do not involve any criminal allegations so it is unlikely to affect your job.
ask him for a statement of how interest has been calculated and tally it with the interest agreed upon between the parties.
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Adv. Kunal Seth
Delhi | 700+ Answers
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You may connect and seek a detailed legal consultation regarding your ongoing legal issue. Do engage a lawyer and brief him about the specific facts and details of your borrowed loan. Do share the communications and documents to enable the lawyer to tender his considered opinion.
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Adv. Anubhav Kathuria
Delhi | 1000+ Answers
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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.
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