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Anonymous

My brother has taken 1.5 lakh and made agreement that he will pay monthly profit of 7500 but from 7 months he didn't pay anything and now he is saying that he has no money. I have 2 Post dated cheques

Posted 1 year ago


A. Dear Sir
You can bounce the cheque and file cheque bounce cases which is the easiest method to recover the money.
Please give me RANK FIVE (5) if my answer satisfies you.
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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

Posted 1 year ago


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.
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Satheeskumar  V
Satheeskumar V
Suneel  Moudgil
Suneel Moudgil
NITHYANANDAN  SUNDARESAN
NITHYANANDAN SUNDARESAN
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

Posted 1 year ago


A. Dear Sir
It will expire within 3years get file money recovery suit.
Please give me RANK FIVE (5) if my answer satisfies you.
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Anonymous

Dear sir/madam My friend requested money with the assurance of 1percent interest as their parents deal with financial business, I know him and his family from my childhood, so I borrowed 6 lakhs from

Posted 1 year ago


A. Dear Client,
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.
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Hi, Need help who to recover maintenance fee from an owner who has settled in USA but not paying maintenance fees for her flat in a society. Can we send her legal notice? Also, apartment society is no

Posted 1 year ago


A. 1. you can serve him a legal notice through a lawyer to make payment of the outstanding amount along with the interest,
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,
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Anonymous

I borrowed 18 lakh rupees from one private lender on 3% interest and paid interest for almost 2 years and now am unable to pay the interest and amount. He us threatening that he will file case in poli

Posted 1 year ago


A. Why did you borrowed 18 lakh rupees from one private lender on 3% interest ? What did you do of that money? That too without any documents is very nice... Give some such money to others also.. As he has no documents he may manage to make any documents as Rs.18 is a very large amount... Don't take him for granted...as things may turn bitter on the other side.. Try to settle it amicably.....& close off the issue.

If you realize my professional skills, the time & efforts put in by me needs to be t ...ReadMore
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Anonymous

My ex had given me gifts when we were together. Now she is asking me to pay back the monetary value of those gifts amounting to Rs. 10,000. I am a student and have no stable source of income. Am I und

Posted 1 year ago


A. Hi, if it is gift it is always free don't worry.
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mallesh kona

I HAVE GIVEN LOAN 400000 TO ONE PERSON DTD 02.10.2018, ,100 RS BOND PAPER ALSO SIGNED,IN BOND PAPER INTREST NOT MENTIONED IN THE BOND PAPER,AND 2 CHEQUES ALSO TAKEN,AND ONE PROMISORY NOTE ALSO WRITTEN

Posted 1 year ago


A. Hi, send him a legal notice with lawyer help all other steps will come later.
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Anonymous

I have taken chits and private finance on interest now at present i don't have income, what is better to go for insolvency or can i get time upto 3 years to clear all dues.

Posted 1 year ago


A. Insolvency involves lot of expenditure it is advisable if your liability are more than 10 lakhs. Let them go to the court. you will get much time.
If my answer is helpful to you then please give my FIVE STAR
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Rajat Arora

I had taken 1 lakh from sumone and he is asking me 10 percent interest for one month which is troublig me. And he is harassing me if I do not pay him the interest on time. What should I do ?? Is 10 Pe

Posted 1 year ago


A. I have gone through your query in detail.
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
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