I was a guarantor to a person A for a personal loan of 3 lacs in Pune, Maharashtra.
The borrower A ran away to Uttar Pradesh and did not pay the loan. Hence, the bank obtained an order 101 and put a lien on my property.
Apparently, I paid all the dues and obtained a NOC from the bank.
If I file a civil money recovery suit, he wouldn't show up and the case would be proceeded ex-parte. He also doesn't have any property of his own that can be attached for recovery.
Apart from money recovery suit, is there any criminal charge that I can file on the A. I have his vetified address and mobile number of UP. Please advice.