Friend not returning money
Nitin
(Querist) 18 May 2025
This query is : Resolved
One friend requested me to lend him some money as there is some medical emergency. I told him i have money but i am closing my personal loan. He told that lend me the money and I will pay the EMIs every month. So I trusted him and transferred 70,000.
He paid me 2 EMIs amount and then he stopped paying since a year. I requested him so many times that I also do not have money please pay EMIs but he just kept giving promises not money.
I want to know what are legal remedies for me to recover my money from him. Its over 1 Lakh for now. Please suggest me some solutions.
Thank you.
T. Kalaiselvan, Advocate
(Expert) 18 May 2025
You issue a legal notice demanding return of your loan amount with interest, failing to respond you may file a suit for recovery of money to recover your money
