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Anonymous

Posted 7 months ago

Dear sir, before aim working in UAE, i have lost my job, i have little balance due in credit card, i think that the bank has made legal acction against me, so i have faced travel ban, how my travel ban effect my wife travel to uae .
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A. Are you posting this from UAE ir India ? Perhaps UAE has banned your travel. Your wife can go there on a tourist VISA.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore

Anurag Thakur

Posted 7 months ago

Dear sir 5 years back my mother lent 18.0 lacs to my maternal cousin for his business needs in good faith. 4 years back when I came to know this I invited him and got an agreement signed mentioning details of money and repayment. He was supposed to payback the money in six months but he hasn't done this till date. Last month he gave us a cheque of 5.0 lacs that also returned unpaid. Now we are contemplating legal recourse to get our money back. Please suggest following queries. 1. Can money be recovered legally? 2. If yes, what will be expenses (monetary)? 3.what kind of lawyer is needed. Can you suggest any? 4.how much time will it take? Note-the money lent/given was my father's retirement benefits that we received after he died when he was still in service. Our family's only savings. Thanks and regards Anurag thakur
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A. All depends on limitation, your time is running out, rush to an advocate.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore
Hi, My query pertains to a hand loan given to a person but without any such agreement. This loan was given on a trust basis and the issue as such been over more than 10 years old. However, I had kept the mortgage property of the person who obtained a loan from me. My requirement is to sell this mortgage property(no PoA) and recover my dues. Is there a legal way to go about?
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A. Kishan Dutt Kalaskar Retired Judge has given correct advice. Your keeping the papers of the property does not come under mortgage by deposit of title deeds. but a private lending is not prohibited unless those papers are pertaining to agricultural lands.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore

Anonymous

Posted 9 months ago

Hi team, I have lended few lakhs to a person who gave me ideas of business and everything he was doing a fraud, there was no company opened. Also there are no proffs of money lended. Now he is doing fraud over and over. I want to get back my money from him. What can i do. I have thought of doing an FIR, but as a proff of payment made what can be taken as evidence,. As there was no witness as well. I have thought of going for a hidden vedio recording , where the accused will revel all the money he took as fraud, can this be taken as evidence or anything else can be done. please assist.
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A. With a video recording of his admission and narrating the circumstances and dates of your lending, you can also go to file in civil and criminal Courts. I do not foresee Police will act fairly to help you in recovery. You should also have some witnesses when you record the video and preferable some one else should do it for you.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore

Manny Miss

Posted 10 months ago

I borrowed some money from my friend who is in Canada but I couldn't repay it in time now he's saying that he will file a case against me . please advice....
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A. If you are now able to repay it , then no problem.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore
Hi Sir, This is Shankar and I lent a total of 26Lakhs to a friend when he was in a crisis with a promise that he would return that to me in few days. however, past few months, he has been making promises but not returning it. I have undated cheques for 25L and a promissory note for 10Lakhs. He still says he will return the money but I am slowly losing confidence. Need your advise how to proceed here to recover my loan that was given on trust. Also, if they ask for more time, what other documents/guarantees/surities I should ask them to further safeguard my interests?
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A. If he is not bankrupt and if you have paid the amount through your account, then you can recover. contact some advocate and take guidance, carefully execute it.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore

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