About loan please do answer
Jyothi suresh
(Querist) 15 August 2014
This query is : Resolved
Hi all,
My husband gave about 8-10 lakhs money to his friends as loan, they used to pay interest of 2% every month. 2 weeks back he met with accident he is no more. I saw few cheques( some blank cheque and some with the amount they took) now only one of his friend came and gave me the amount which he has to pay and the others made excuses like they made the settlement long back and only few thousands they have to pay
So please let me know what legal action should I take
M.Sheik Mohammed Ali
(Expert) 16 August 2014
if you have blank cheque or filled cheque yo u deposit, if its bounce, then immediately made legal notice after file a NI138 case, i hope that they will come once get legal notice, where are you from ?
if you are in chennai call me.9092776586
prabhakar singh
(Expert) 16 August 2014
YOUR ONLY BEST OPTION IS TO GET A SUCCESSION CERTIFICATE ABOUT DEBTS DUE ON BASIS OF THOSE UNPAID CHEQUES AND TO FILE A SMALL CAUSES CIVIL SUIT OF REALIZATION IN COURT.
ajay sethi
(Expert) 16 August 2014
was loan advanced based on any agreement ? whether given by cash or cheque ? what is the amount due and payable by his friends? has your husband declared this loan in his itax returns ? contact a local lawyer
Rajendra K Goyal
(Expert) 16 August 2014
Consult a local lawyer and show him all the documents.
RAJU O.F.,
(Expert) 16 August 2014
You have to find out the names and amounts paid to each one, particulars of repayments, etc., to proceed legally. You may go through his bank pass books to get some idea of payments and receipts. Without any evidence it would be difficult to proceed legally. Any elders of the family or a respectable person of the locality, can arrrange a meeting of such persons to obtain some information, before proceeding further.
Biswanath Roy
(Expert) 16 August 2014
REPLY TO THE QUERIES RAISED BY lEARNED Mr.AJAY SETHI TO ENABLE US TO UNDERSTAND YOUR CASE AND TO GIVE YOU PROPER ADVISE.
Sri Vijayan.A
(Expert) 17 August 2014
In your present situation, it is advised to contact a local lawyer immediately with all papers/ documents.
Do not delay, some documents have time limitation
Find a Lawyer in your locality and consult him along with your well wisher.
T. Kalaiselvan, Advocate
(Expert) 21 August 2014
Without knowing proper details of the amount lent, to whom, when etc., you may not be able to sue any of the borrower, hence ascertain details, contact a local lawyer and initiate legal steps for recovery accordingly.
