LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

rocky dsouza   22 February 2019

freindly loan recovery

I Rocky Dsouza have given a friendly loan of Rs 1200000/ dated 13-12-2016 to my cousin brother
Mr Oscar Dsouza
I made a agreement on 100 rupees
stamp paper a leave and license agreement.
with conditions that he will give his 2 shops for me to use on heavy security basis
the period was for 11 months
he will return all my Rs1200000/
and I will return his shops
but he failed to return my money
so made a new agreement
agreement for interest free freindly loan dated 16.11.2017
end of agreement 31.10.2017.
took 3 post dated cheques
28.02.2018 Rs 300000 did not deposit
25.06.2018 Rs 300000 deposited and rejected
31.10.2018 Rs 600000 did not deposit
24.10.2018 Rs 400000 received
balance still not recovered
I am not been able to recover the rest of the amount
please help me to take legal actions
and what will be the fees please guide
thank you


 4 Replies

Shashi Dhara   22 February 2019

U issue legalnotice then after file civil suit in civil court.in Karnataka the court fee may.be around60000rsadvocates fee etc.
1 Like

rocky dsouza   22 February 2019

Thank you I proceed accordingly

rocky dsouza   22 February 2019

Thank you I proceed accordingly

Shashi Dhara   22 February 2019

If he has any immovable property take attachment before judgement so Ur loan will be safe.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register