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SOMEONE HAS BORROWED 50000/ TWO YEARS BACK, NOT REFUNDING. CAN I MAKE COMPLAINT/ FIR N POLICE STATION?
WHAT WILL BE THE RELEVENT SECTIONS OF IPC.
A. If you have evidences for the same,
Do send that person a legal notice providing him a stipulated time period to repay such amount, failing which, you can file a suit for money recovery in the civil court having jurisdiction to try your matter.
Thanks
Do send that person a legal notice providing him a stipulated time period to repay such amount, failing which, you can file a suit for money recovery in the civil court having jurisdiction to try your matter.
Thanks
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Dear Sir/Mam,
A person took Money from me ?10,000 for an item he had to sell to me. After receiving the amount (through UPI) he did not reply to me for 2 weeks. After 2 weeks he threatens to neither return my money nor send the product we had a deal for, and demands double the amount we had deal with (another 10k). Now after 1 month, he still doesn't reply nor return a penny or the item.
What can I do now legally? I need some advice. I have the payment proof, chat conversations, his bank account & his contact no.
Thank You
A. Issue a legal notice and thereafter file a suit for recovery of money.
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My father had an ancestral property shared by three brothers. Five years ago, he came out with some debt and he sold his share of property to his brother to clear the debts. With the remaining amount, a property was purchased at a different place registered under my mother's name. Now he has come up with some debts again and debtor approached my family for settlement. My question are as follows
1. What is the legal obligation of the family to settle the debts of an individual when the debtee claims that the individual has stolen/used the debtor's fund without his knowledge(There is no proof for the debt except for the debtor's acknowledgment orally?
2. In case of death of debtor, will there be court lien on the property purchased by someone through the sale of the debtor's property?
3. How does the family abstain themselves from the debts of the head of the family?
4. What could save the family from any further debts? A legal notice/ A divorce/ anything else?
A. Dear Sir,
The description given by you is so lengthy, please make it short and re-submit, as experts have no time to spare as this is free and charity work.
The description given by you is so lengthy, please make it short and re-submit, as experts have no time to spare as this is free and charity work.
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I have paid my EMI to NBFC i took Personal loan and its a regular practice as i pay on a later day they send me email that my EMI is not paid for Last 3 months added and asking me to pay immediately. Now when i email them they take back as mistake and Ask me to pay correct value. however this is there practice. If by mistake i dont pay for few days they send me email with header like Legal Notice -Mumbai High Court. Now by looks of it they are using Honorable high court of Mumbai name to make me pay.
My question
Can someone send a legal notice as mention above, if now what should i do.
Also need the advise whether take them to court for misrepresentation of facts every single time and forcing people to refute and then pay later.
A. Dear Sir,
In recent days such instances are more. Please share your details with local lawyer.
In recent days such instances are more. Please share your details with local lawyer.
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hello sir.my husband take money from one person on int 8% per lakh n his frn take my sign on notery paper.our buisiness have some leagle problems.so my husband dont able to give him money.n i also dont have money.in that matter what to do.he said me that he will took me in police lockup.pls give me advicew
A. Dear Ma'am
First there is no need of worrying, as no criminal complaint is maintainable against you. So, no question of arrest or police lockup arise here.
Secondly, he cannot lend any money to you on interest until and unless he is licencee under the Money Lenders Act.
Thirdly, if he uses the said notarised paper against you and file a suit for recovery, we can defend the same.
Thanks
First there is no need of worrying, as no criminal complaint is maintainable against you. So, no question of arrest or police lockup arise here.
Secondly, he cannot lend any money to you on interest until and unless he is licencee under the Money Lenders Act.
Thirdly, if he uses the said notarised paper against you and file a suit for recovery, we can defend the same.
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i had lending some money to my friend and his brother too without any written documentation,now i want to send the notice for both about that...anyone please advice us.
A. Sir issue a legal notice to them for the same.
If they fail; to comply then you can file a suit for recovery of money Given you case there is no documentation it will be difficult to show that you have lent money or not.
You need to create an alibi which shows that some documentation. Be it false or Genuine just to make you case strong.
Thanks
Shreyash Mohta
If they fail; to comply then you can file a suit for recovery of money Given you case there is no documentation it will be difficult to show that you have lent money or not.
You need to create an alibi which shows that some documentation. Be it false or Genuine just to make you case strong.
Thanks
Shreyash Mohta
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I had a mortgage loan from AU Small finance bank worth Rs.1140000/- 12 months back but due to some economical problem unable to repay the EMI and the interest was accumulated with penalty the total amount was 1232806/- till 1 dec18 but at the time of recovery the bank agreed to settle the loan at 1190000/- as full and final amount paid till 20 dec2018 to foreclose the loan account and issued the settlement letter stating same. As per the agreement I transferred the whole agreed amount of Rs. 1190000/- on 20 dec 18. But although transferring the amount the bank had not closed my account and issued a NDC till date and not responding any further. What should I do in this case ? Is their any faster way to get the account closed and get NDC ? Can I file complaint in any tribunal?
A. Issue a legal notice to the bank demanding NOC and loan closure as per settlement and if the do not consider you may file a consumer case or file application u/s 22c of Legal Services Authority Act before the Permanent Lok Adalat in your Jurisdiction.....Although you can file also a S.A in DRT but it wil be expensive.......and tribunal shall stick primarily to the loan agreement writeen terms.
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I have given an amount of Rs.50000 to a person for 1 year as per agreement and now the tenure is over and he is not returning the money back. What step do I need to take?
A. dear client kindly issue a legal notice and file suit for recovery of money.
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I have decree from Delhi court in case of suit of recovery. The judgement debtor reside in Ghaziabad. Can execution petition may be filed in Delhi court despite of fact that debtor reside beyond jurisdiction of Delhi court
A. Dearclient there is no jurisdiction indelhi of the above case.. For details, plcontact some advocate through vidhikarya.com
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Hi
My brother has borrowed around 65 lakh money from his friends and some unauthorized lenders on some random interest rates. He is saying he got involved in this chain of interest and hence couldn't give back principle to lenders. However he has paid around 20 lakh on interest alread.Nothing is documented at both the ends and even our family was unaware about this until it got opened recently.
Even as i brother if i decided to pay money back with good will its not possible for me to arrange this much money as i am also salaried and earning 40 thousand a month. Selling whole property would get 14 lakhs.At max 22 lakhs can be arranged but required amount is huge and time is also constraint
Also my brother wont be getting any money from his business back.
We are in shock and afraid of lenders now as they are making noise and using abusive words in front of family.
Father and Mother doesn't have any opinion as they are old and dependent on us
Request you to let me know the right path for this.
A. Dear Client,
Those who have given loan to you are not Saints from the Rama Krishna Mission or from Himalayas.They have invested money means they want to get back with interest.
Best option for you would be to talk amicably from your side and ask for time to pay back and request them for one time settlement like the Nationalised Banks do.But you can not claim that you simply request them.In any case you have to pay,Nothing is written is true.But the entire under world is running without any solid ...ReadMore
Those who have given loan to you are not Saints from the Rama Krishna Mission or from Himalayas.They have invested money means they want to get back with interest.
Best option for you would be to talk amicably from your side and ask for time to pay back and request them for one time settlement like the Nationalised Banks do.But you can not claim that you simply request them.In any case you have to pay,Nothing is written is true.But the entire under world is running without any solid ...ReadMore
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