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Munish (Mr)     28 March 2012

Money given to friend without legal documentation

Dear Team

One of my friends needed money as he was in some trouble.I gave money to him without any legal documentation. Now he is not returning the money.

** I have proof that i have given money , as i transfered the money online.

What are the legal steps i can take in this case ? Please suggest.

 

 



Learning

 6 Replies

Advocate Bhartesh goyal (advocate)     28 March 2012

Issue notce to your friend demand therein return of  loan amount. if he does not comply with notice then file recovery suit agaist him. 

M. A. Khan (advocate)     28 March 2012

as mr. goyal suggested, first send him legal notice and demand money.  if money remain unpaid file suit for recovery, within three years from the date when he agreed to repay the amount.

Munish (Mr)     29 March 2012

Hi All

Thanks for the replies.

Can i send the legal notice even I do have any legal documentation to prove that i gave him money ??

 

 

 

Munish (Mr)     29 March 2012

Can i send the legal notice even I do not have any legal documentation to prove that i gave him money ??

Also what is the procedure to send a legal notice ? Is it a costly procedure ?

 


(Guest)

Dear

First talk him on face to face &shoot video/tape recrding if possible regarding this matter.

Its help to prove that he is nt paid your amount till date.

Now furnished him a legal notice t demand your debt money.

Otherwise he will ask that he has already given back debt amount. than you will be helpless.

If he des'nt return your money file a suit in court.

100% you will get back your debt money.


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