Cash loan
pushpakrishna
(Querist) 11 June 2017
This query is : Resolved
Dear experts
I given an amount of Rs.3,00,000/-in cash to one of my relatives on 04.06.2017 on a condition that he has to pay on 09.06.2017. But not paid and threatning that he don't pay saying that he did not received through cheque. But he executed a promissory note agreeing to repay the amount interest @24 percent p.a. infavor of me.
Can't I recover the amount from the court of law
Kindly advice on this.
Thanq in advance.
Guest
(Expert) 12 June 2017
Forget it, even if it is your real problem. You should be satisfied with his promissory note, if he agreed to pay interest and or loan amount
Dr J C Vashista
(Expert) 12 June 2017
Advancing loan on 4-06-2017 for return on 09-06-2017 i.e., just for 5 days and that too Rs.3,00,000/- in cash, which you have demanded and got threats is absolutely and undoubtedly unbelievable and hypothetical story?
No reply for such fabricated, fake and false question.
Consult a local lawyer if there is some truth in the story.
P. Venu
(Expert) 12 June 2017
The story is less than convincing.
pushpakrishna
(Querist) 12 June 2017
Dear experts
You may not believe it but it is true and promissed to pay the amount with in a day or two.safety purpose I asked him to execute a promissory note for which he executed the same.
Thanq in advance
Guest
(Expert) 12 June 2017
There is nothing to be believed, as per the description of your query.
However, if your description is somewhat true, only friendly recovery can be possible, but not through litigation. Even the promissory note, which is in your possession can also be proved to have been got made by coercion.
Kumar Doab
(Expert) 12 June 2017
What was that attraction; the relation, the trust due to relation, the interest, the promissory note............!
If you trusted enough in this mortal world and have seen and faced enough then next time trust your own very able senior counsel of unshakable repute and integrity for a proper legal opinion and avoid acting on your own.
Kumar Doab
(Expert) 12 June 2017
Appreciating poem, poetry like finesse of Vashistaji, I would like to post a couplet:
‘Bare Badnaseeb the jo kraar tak na pahunche
Dare yaar tak pahunche, dil-e-yaar tak na pahunche’
{They are unfortunate, they did not attain fulfillment.
They reached door of beloved, they did not reach heart of the beloved}
Kumar Doab
(Expert) 12 June 2017
Dear LCI Author @ pushpakrishna
Hope you shall take it s positively.
Getting aged and bald is not a guaranteed sign of maturity.
Legal matters should be handled by trained legal minds.
One should choose a local counsel that specializes in concerned field of law........
Alopecia areata ( Baldness) is not advertisement of age, maturity.............but a symptom of disease....................and it is treated by doctor specializing in concerned filed of medicine: Dermatology.
Kumar Doab
(Expert) 12 June 2017
Dear LCI Author @ pushpakrishna
Hope you shall take it s positively.
If you trusted enough in this mortal world and have seen and faced enough then next time trust your own very able senior counsel of unshakable repute and integrity for a proper legal opinion and avoid acting on your own.
