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Q. Wrong insolvency

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Pankaj Kori

posted 3 months ago

Q.Wrong insolvency
Hello one of my friend borrow money from me and I had made memorandum of understanding he also signature on it along with his copy of pan card. But now he denies to pay money by giving some excuses like go and file a case against me I tell them Im insolvent I dont have anything to pay. So what to do please help

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Prodyut Banerjee

Experience: 11 Year(s)

Responded 3 months ago

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A. ) Send a legal notice and then file a money suit. You have to pay Court fee depending upon the amount claimed.

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Kishan Dutt Kalaskar Retired Judge

Experience: 33 Year(s)

Responded 3 months ago

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A. ) Dear Sir,
Insolvency certificate may not available in simple way it also required lot of struggle. Please file Money Recovery Suit may kindly be filed.

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Shreyash Mohta

Experience: 1 Year(s)

Responded 3 months ago

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A. ) Send them a legal notice and thereafter if they do not comply to the same we can file a suit for recovery of money.

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Sayaree Ganguly

Experience: 2 Year(s)

Responded 3 months ago

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A. ) Dear Client,
Send him a legal notice asking to pay back the money. if he doesn't comply to such notice file a money recovery suit against him.
Thanks.

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Rameshwar Dadhe

Experience: 2 Year(s)

Responded 3 months ago

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A. ) U can file money recovery suit against them

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