Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Borrowed money recovery

(Querist) 06 February 2016 This query is : Resolved 
My friend borrowed Rs 20,000 for a month but now it's already 2 years he is not returning my money even after continuous reminder. Please let me know what steps I can take legally to get my money back. I don't have any legal documents but I hv wats app messages about the request of money and also delaying of payment.
Raj Kumar Makkad (Expert) 06 February 2016
Whatapp messages are due evidence which can definitely be proved before a court of law. documents also includes electronic gadgets. File a civil suit for recovery but better to serve him through a legal notice first may under that grab he returns your money.
Dr J C Vashista (Expert) 07 February 2016
In order to recover Rs. 20,000/- you will have to wait for at least 2-3 years and spend at least Rs. 50,000/- in litigation.
Rajendra K Goyal (Expert) 07 February 2016
You may try to get a cheque of some future date.

Recovery suit would be time and cost consuming.
Ranjit (Querist) 25 February 2016
I already told her that I am going to file a case but she still not ready to pay.can I go to police station and complain ? Please advice
Anirudh (Expert) 25 February 2016
Police has no role to play.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :