Lto recover a loan given to friend

Bearer cheque is of no use,it does not attract NI Act,A bearer cheque can be encashed accross the counter in a bank without routing it through any account.. 

Continuation, U may not have obtained any other document like promissory note or a stamped receipt.If so cannot file civil suit too.Time frame and defences  come into picture only if ur complaint is maintenable legally.Hence better recover money from him with the help of common friends or well wishers.

File suit for recovery through a local prudent lawyer.

Thanks experts. Now only problem I see that I do not have any documentary evidence. It was totally friendly loan to help a friend in need and his urgencies. Secondly I issued bearer cheques in his name which he encashed in the same bank. My bank statement show his name with cheque no.and amount`

Will my suit be maintanable.or he may be sucessful by denying that he has not taken any money?

Whether U have documentary evidence or not,first file a suit basing on the encashment of bearer cheques.Though not maintenable see what happens by engaging a good  lawyer.

You may first issue a legal demand notice demanding return of the borrowed amount whose details can be made known to him by mentioning the cheque payments on different dates (you should avoid using the word  bearer cheque, he will become aware of the lacuna involved in it).

After that if he is not replying or complying with the demand made or even denying the payment received, you may straightaway file a money recovery suit against him, if you are aware of any property in his name, you can file a petition in addition to the plaint seeking attachment of the property before judgement. 

Consult a prudent lawyer locally and handle the case effectively.

Thanks sir,

Now it sounds good. I shall follow the steps as told.

Thanks again and best regards to all experts

Thanks  for your appreciation.You should act fast.  Do not waste anymore time, or else you may tend to lose the money. He will become cautious if your keep delaying the issue. 

yes sirs.

thanks a lot.