Prashant Kumar 17 May 2022

About loan recovery

Respected forum members,

I need some clarifications on loan recovery.

My father had given loan to one of his friends in year 2020.

At the time of handing over the cash, my father friend had signed a promissory note stating that he has accepted Rs.X amount from my father.

Unfortunately, my father passed away due to covid complications last year(2021).

Now my father's friend refuses to return the money.

What legal actions can i take?

Please guide me on this

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Quick Summary

This discussion concerns recovering a loan given by a father to a friend in 2020, where the borrower is now refusing repayment after the father's passing in 2021. The original loan was documented with a promissory note. The son is seeking legal advice on how to proceed with loan recovery, particularly regarding the validity of the promissory note without witness signatures.