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Sharma Santosh   03 April 2020

Fraud happened to me...

hi this is santosh here from Mumbai, i invested 2.4 lac rupees in a company by getting loan from HDFC bank...now I'm paying EMI...but they are not returning my returns! I'm seeking for a legal action anyone here could help me out with this please???


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 3 Replies

Advocate Suneel Moudgil (Advocate)     03 April 2020

1. you can serve him a legal notice through a lawyer to make payment of the outstanding amount along with the interest,

2. if payment is not made despite service of the legal notice, you can file a civil suit for the recovery of the amount,

3. you can also make a police complaint about cheating, misappropriation of funds 

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     04 April 2020

If all your attempts to contact them and receive payment have failed – consider sending a letter of demand. Keep in mind this procedure should only be done as a last resort 

Sudhir Kumar, Advocate (Advocate)     15 April 2020

Not clear

 

  1. dis you buy shares/debentures; or
  2. you became partner; or
  3. you simply gave unsecured loan

 

On ground you got loan from bank.


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