Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

manasa (legal executive)     01 April 2014

Pronote

sirs, 

please advice me what to do:

One of my friends has taken  debt from another friend and given blank Cheques and pronote. and he has repaid the debt and neglected to collect the said cheque and note out of trust.

my friend got surprised that his  friend has submitted his Cheques and Pronote with some other person and taken loan in the name of my friend through mediators. NOW THAT CREDITOR IS DEMANDING MONEY FROM MY FRIEND AS HE HIMSELF IS ASSUMING THAT MY FRIEND ONLY HAS TAKEN MONEY FROM HIM THROUGH MEDIATORS BY SUBMITTING HIS CHEQUES AND PROMISSORY NOTE. 

here how to solve this problem without entering into the legal problems.  

Please suggest me how to save my friend form legal consequenses.

Manasa.



Learning

 1 Replies

cyberlawyer (barrister)     13 April 2014

The person who has deposited the cheque has to prove how you are liable to repay the debt i.e., for what purpose and when you got loan. It is not so easy for the guy to get the amount from you. He has to prove, in what way both of you were related. But it is sheer ignorance and negligence on your part to have failed to collect back the pronot and cheques when you have repaid the debt...

Appear before the mediators and defend the case. Good luck


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register