Hi Club,
I am working as a Software Engineer in a company in Hyderabad from past 4 years. I have a friend who ia a Managing Director for a Private Limited company (established by himself), it is an IT company which is into Human Resources Consulting (Staffing) and Software development company. This friend is in need of money which would be used for expansion and others. In this regards he has approached me and wanted me to lend about 10 lakh rupees. He is ready to give "Post dated" cheques of the company split into smaller amounts and agreed to pay Intrest amount on a monthly basis.
Since it is my hard earned money, i want to take all the precautions before lending the money and i want your valuable advice. if any agreement format is available then please do share with me.
Thanks a lot in advance,
Anil Kumar
