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debt

(Querist) 09 November 2009 This query is : Resolved 
a colleague of mine took Rs.4000 from me as debt two and half months ago.i didnt insist on writing a pro note.oral agreement to repay the same without any interest was made.as the lendor,am i entitled to demand interest on the sum he borrowed? is it legal to ask for a 10percent interest at the time of repayment without informing him beforehand?
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A V Vishal (Expert) 09 November 2009
Repeat
Sachin Bhatia (Expert) 09 November 2009
Repeated query
Raj Kumar Makkad (Expert) 09 November 2009
Repeated quarry.
Khaleel Ahmed Mohammed (Expert) 10 November 2009
Repeated quarry.

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