LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

ChanduForTruth (consultant)     12 July 2012

Money borrowed

Hi Experts,

I Have given money for one of my friend 9months back and got sign on a  promissory note.

while takeing the money he told me that he will refund it in six months.

But after 1st month it self he started to hide from me and when ever i got him, he told that he will give on 6th month.

but after six months he went on invisible where i tried a lot to contact him he is not responding.


Kindly let me know how to proceed to get my money back, where it is really important to me.

 

Regards

Chandu



Learning

 4 Replies

Adv Archana Deshmukh (Practicing Advocate)     12 July 2012

Give him a legal notice calling upon him to repay the money back. If he fails to comply, then file a civil suit to recover your debt.

surjit singh (Assistant)     12 July 2012

It is to be noted that he has signed a promossory note, the legal notice should be to repay the money pointing on the signing of the promossory note. You can go for civil suit as well as criminal complaint along with it.

ChanduForTruth (consultant)     13 July 2012

Hi Experts,

Yes i have a signnature of his on the promossory note .

As you said i will give a lawer notice ....if he wont respond then what must be my next step....

Kindly give me a step by step approach.

 

Thanks in advance

Chandu


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register