(Querist) 23 March 2021
This query is : Resolved
Sir, I gave Rs.5 lakhs cash to a known person without any agreement for 2 months in year 2019 as help for his immediate need and he gave me a advance cheque of Rs. 5 Lakhs . he didn't return me the borrowed money ultimately he refused to pay then I presented the cheque to bank and it returned back due to insufficient fund and after done all formalities of as per N.I.Act and filed a petition in N.I.Act magistrate court . My question is how can I proved him guilty ? what is the probability of winning the case ? Please advise Regards Narendra kumar
As per your query you are in a difficult situation to prove your case. However, you can post legal notice and compliant filed in court so that accurate advice can be given. Without verifying documents advice cannot be given.
(Expert) 24 March 2021
1. You become liable for Prosecutable Offences for dealing /loaning cash any amount exceeding 20,000/-. Loan of 500,000/- is your unofficial /unaccounted money which is legally not acceptable for court disputes.
2. Your case is a lost case and nothing can come out of it, since you do not have any documentary evidence to support your case. Mere holding cheque does not mean that Accused has any debt/liability to you. You have to prove this, which you cannot.