Mehtab
3 years ago
I borrowed 18 lakh rupees from one private lender on 3% interest and paid interest for almost 2 years and now am unable to pay the interest and amount. He us threatening that he will file case in police station. We don't have any written document or any papers. If he files the case in me police has the right to taken any action on me? Please advise
A.Why did you borrowed 18 lakh rupees from one private lender on 3% interest ? What did you do of that money? That too without any documents is very nice... Give some such money to others also.. As he has no documents he may manage to make any documents as Rs.18 is a very large amount... Don't take him for granted...as things may turn bitter on the other side.. Try to settle it amicably.....& close off the issue.
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ADV. ANISH PALKAR (High Court)
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Hope this information is useful
ADV. ANISH PALKAR (High Court)
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