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Q. Money Lent to a Friend

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BGP BGP

posted 1 year ago

Q.Money Lent to a Friend
I had lent 3.5 lacs to a friend in Nov 2017 for making some interest. He was a close friend. I got some interest upto May 2018. After that he has not paid me anything. He is not even receiving my calls since last 5-6 months.
I have proof of payment. But we did not have any written agreement.
What legal can I take to recover the money ?

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Harsh Vardhan

Experience: 5 Year(s)

Responded 1 year ago

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A. ) send him the legal notice, thereafter file a suit for recovery. Your money will be recovered.

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Kishan Dutt Kalaskar Retired Judge

Experience: 34 Year(s)

Responded 1 year ago

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A. ) Dear Sir,
Get issue a legal notice and file money recovery suit with interest.

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