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.
