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Parmesh (Consultant)     09 September 2012

100 rs bond agreement issue

Hi,

I made a Rs100 stamp paper bond agreement with one of my friend 3 yrs back for  Rs.1 Lac.

He made a agreement stating that he would give me Rs.25000/ yr for 3 yrs and after 3 yrs of completion he would return acutal + 1 Lac extra to which i agreed and entered into agreement.

After 1 year he gave Rs 25000 and  later he started refusing to pay intrest amount next years.

Now its time for maturity of the bond agreement next month. I am confused how to deal with him

Please help....Your helpful advice is thankfully appreciated.

Thanks & Regards,

Parmesh.

 

 



Learning

 1 Replies

Adv Rohit Dalmia 9324538481 (Lawyer)     09 September 2012

you need to share the agreement copy. need to gothrough the necessry clauses in the agreement before advising you what remedy you have in the agreement and how could you deal with your friend.

 

you may mail the copy of agreement on: onlyrohit2003@yahoo.co.in

 

Regards,

Advocate Rohit Dalmia

9324538481

Mumbai

 


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