As per your inputs you have lent near about Rupees 11 lakh rupees to your friend, first let me know do you have got any promissory note against the transaction or any written document that your friend borrowed from you or your relatives, in such case you can file a money suit in the court. else take police action against your friend.
2. if payment is not made despite service of the legal notice, you can file a civil suit for the recovery of the amount,
3. you can claim the legal expenses also from the flat owner,
If you realize my professional skills, the time & efforts put in by me needs to be t ...ReadMore
If my answer is helpful to you then please give my FIVE STAR
1) You are a Victim of Private Financer. You are paying 10% Monthly for 1 lakhs is exorbitant charges. You seem to be a educated person then too you have taken a loan @10% monthly is quiet surprising.
2) Due to the lockdown situation even the financial institutions such as banks and NBFC have relax the norms for repayment of the loans and other installments. This person is pressurizing you for money make sure that you record all his/her calls and SMS.
...ReadMore
Please get issue a legal notice on the basis of following judgment.
Please give me Rank 5 if you feel my answer helped you.
ICCI Bank Limited vs. Prakash Kaur case,
The Supreme Court in a landmark judgement reiterated its earlier stand that banks cannot deploy musclemen for recovery of loans from defaulters thus forcing them to end their lives.
"We deem it appropriate to remind the banks and other financial institutions that we live in a civilised country and are governed ...ReadMore
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