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

S K SURESH (MANAGING DIRECTOR)     11 February 2014

Loan repayed claimed as loan given

Sir,
I have given hand Loan of Rs.400000 to my brother in cash.  He has returned the same by sending the amount to my Company account. Now he has gone to the court saying that the he has given me the loan of Rs.400000 and gone to the court asking me to return the money with Interest.
But there is nothing in writing for this transaction.

What shall i do?

Regards

Suresh
Bangalore
9845059154


 1 Replies

Sudhir Kumar, Advocate (Advocate)     12 July 2014

wise of him.           


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register