You can penalize a person who has failed to pay his shares. A person residing in a common residential space is bound to pay his maintenance and associated charges. if you found this helpful, please rate us.
You can file a summary suit against your friend for the recovery of the money. if you find this helpful, please rate us.
Please let us know the country that you have lend the money to. Because the procedure for recovering money is not the same in all countries. If you find this helpful, please rate us.
The lender should lend the money only after signing the promissory note or the loan agreement which has the terms and conditions stated clearly. In case of default in the payment of money, the lender can approach the court and file a civil suit for recovery of money or a criminal suit for fraud/ breach of an agreement. If you find this helpful, please rate us.
Yes your money can be recovered.
Send a legal notice to your friend and wait for 15 days for the reply. [Notice should contain information about why the money was given, how it was given and all the other details that you have.]If no/unacceptable reply is received from your friend, go to police station and file a private complaint under criminal breach of trust, cheating and mischief ( u/s - 427 of IPC). Approach the court and you can file both civil and criminal case against him. Make sure ...ReadMore
Please visit the bank branch and collect the details of the loan that your collegue has borrowed. Please ensure that you maintain a direct connection between the bank during the repayment of the loan. If you find this helpful, please rate us.
You can file a complaint with the police for extortion and criminal intimidation under Sections 383, 503 and 506 of the IPC.
If you found this helpful, please rate us.
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