icon Is hand loan agreement has expiry date? If it expired then how to collect lent money?

I gave ₹ 4.5 lakh money to a friend on 1st august 2019 wih a promise of returning money in month or before (31, august, 2019). We executed a ₹20 stamp hand loan agreement on 1st august, 2019 menti


A. You should file an FIR against him under section 420,406 IPC. There is no expiry of an agreement as the money has not been returned and the agreement is valid. If an FIR is registered against him then he will be arrested and that will put pressure upon him to settle the matter. Yes you can file civil case for recovery of money also against him but filing of FIR will be less expensive and quick result.

Helpful
Helpful
Share
Other Responses
Satheeskumar  V

Satheeskumar V

Suneel  Moudgil

Suneel Moudgil

NITHYANANDAN  SUNDARESAN

NITHYANANDAN SUNDARESAN