Money lender

Dear Client,

Begin by gathering all documentation, including the agreement bond detailing the promised returns, NEFT transaction records of your investment, bank statements showing the meager payments received, and any communication related to the agreement or their default. The crucial next step is to consult with a lawyer specializing in civil or commercial litigation to draft and send a formal legal notice demanding the immediate payment of the outstanding amount within a specified timeframe, serving as a prerequisite for further legal action.

Should they fail to comply, your lawyer can then file a Civil Suit for Recovery of Money, potentially as a faster Summary Suit, in a civil court, while also evaluating grounds for a criminal complaint for cheating or criminal breach of trust if evidence suggests fraudulent intent from the outset, possibly even approaching the Economic Offences Wing given the financial nature of the dispute.

Dear Sir,

If you suspect they intentionally defrauded you or used similar tactics on others:

File a complaint under Section 406 (criminal breach of trust) and 420 IPC (cheating) at the local police station.

You can file a money recovery suit in the Civil Court:

Since the amount is ₹10 lakhs, it falls under civil jurisdiction of District Court.

You can also claim interest and damages due to non-payment.

Dear Client,

You need to send them a legal notice for recovery of your money due from them. Sending a legal notice will also help you establish the proof that you will need when you will be filing Money Recovery suit in the civil court.