Upgrad LLM

Money given to friend to help him

This query is : Resolved 
 

(Querist)
15 October 2009

I had given money 4 yr back to help him around 24000.I am trying to get money back but evertime he is giving excuse and not giving any response if I talk him over phone. I am so much in tense because of that. Pls help someone and suggest what to do in this case


adv. rajeev ( rajoo )Online (Expert)
15 October 2009

you cannot claim money legally because it is time barred debt.
So u do one thing try get hand loan chit or try to take cheque from your friend to bring the debt within limitation period.
If you have any documents to show that your frnd has executed a hand loan chit, send the details then advise can be given to you.

Adv Archana DeshmukhOnline (Expert)
15 October 2009

As said by rajeev vardali now it is a time barred debt. To bring it within limitation try to obtain from him in writing an acknowledement of the debt and that he is going to pay it.

Kiran Kumar (Expert)
15 October 2009

i agree with my Ld. friends....the limitation period is 3 years so technically your right goes however if he ackowledges the debt and pays even if a small amount then your case can again stand.

but since there is no security or written agreement (you have given no referrence) now it is difficult to get money out of him.

Raj Kumar MakkadOnline (Expert)
15 October 2009

No option lies with you except believing him and making his conscious awake otherwise legally nothing can be done for you as opined by other experts.

PJANARDHANA REDDY (Expert)
15 October 2009

ASK YOUR FRIEND TO EXECUTE PROMOTE AND SUE IN THE COURT WITH A LIMITATION OF 3YEARS

Sachin Bhatia (Expert)
15 October 2009

No option lies for you because it is time barred debt, If you have any documents or any material evidence in support of your case then you can go for recovery.

Adinath@Avinash PatilOnline (Expert)
15 October 2009

ASK YOUR FRIEND TO ISSUE ACHEQUE OF SAID AMOUNT OR EXECUTE HAND NOTE.

Sarvesh Kumar Sharma Advocate (Expert)
16 October 2009

a friend is in need is a friend indeed.

Sarvesh Kumar Sharma Advocate (Expert)
16 October 2009

u says dt d matter rleted with yr friend,dn wht is 24000,whn u help him u don't ask from anybody then y now?

Sarvesh Kumar Sharma Advocate (Expert)
16 October 2009

other wise mr. rajesh,i m agree with the view of rjeev.

Sarvesh Kumar Sharma Advocate (Expert)
16 October 2009

happy diwali.

Sachin Bhatia (Expert)
16 October 2009

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