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Joy Bose   22 March 2020

Loaned money being not returned

Hello,
I loaned 50,000Rs to my friend 4 months ago and he said that he will return after 6 months. 7 Months have passed but he has not returned my money. It was an oral agreement. No written agreement. What legal actions can be taken?



Learning

 3 Replies

Real Soul.... (LEGAL)     22 March 2020

issue a leagl notice and get witnesses before whoem you paid the money and also show the transaction . File for ecovery

Shashi Dhara   22 March 2020

You say that you have loaned to your friend four months ago he assured to return it after six months now 7 months have passed then when you lent loan to your friend.

Advocate Suneel Moudgil (Advocate)     22 March 2020

well caught by the Shashi Dhara ji,

anyway,

taking the same (4months) as a typo error, send him a legal notice to return the money and if payment is not made despite service of the legal notice, file a civil suit for the recovery of the amount,

1. bank transaction, if any,, 2. private witness may prove your case 


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