my office colleague needed some urgent money and I transferred 1.5 Lac rupees to my friends account via net banking. now he keep extending the date to return this amount. I want to know, Incase he refused to return this amount, is there any legal action can be taken against him? I have snapshot of money transfer.
I agree with Deepak Joshi Advocate. if possible enter into a mou and get a pd cheque signed by him and if he does not pay according to the mou, deposit the cheque if it bounces file a cheque bounce case.
The defaulter would be a damn fool, if he issues any cheque, now, to the original querist. The snapshot of the money transfer to defaulter's account doesn't establish loan from the original querist. To the maximum it is just a help, even if the learned member's opinions are acceptable.