I have given one of my CA friend interest free hand loan of Rs. 5 Lacs. for 6 months (for his official requirement),
we have made a formal notarised hand loan agreement with him. He has given 3 cheques as security against the hand loan. Cheques were mentioned in the agreement.
In case of default in repayment of such hand loan & cheque bounce due to insufficient funds, what remedies are available with us
waiting for your reply at the earliest.
