Recovery of money

Ramana (Querist) 09 July 2017 This query is : Resolved
My father had lended a money of 2lakhs in 2013 by written on 100rs nonjudicial stamp as to pay interest of rs 2 and for purpose of family,if failed to repay within 6months then they have to register a plot which original documents give to my father.witness signature on nonjudicial stamp is also brother&husband of lady who has taken money.nonjudicial stamp is not registered or notarized.repayment to some extent is done but not written in stamp paper.what legal action I can take.

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Azhagananth (Expert) 10 July 2017
Claim is "Barred by limitation".

Ramana (Querist) 10 July 2017
Yes my father is alive

Rajendra K Goyal (Expert) 10 July 2017
All documents need to be referred in detail, discuss in detail with your lawyer.

Ramana (Querist) 10 July 2017
He paid 1.30lakhs,as a interest but not written in document,due to their family health problems my father was quite.

Dr J C Vashista (Expert) 10 July 2017
Besides barred by limitation as advised by expert Mr. Azhagananth, which I agree, the loan of Rs. 2 lakh on a stamp paper of Rs. 100 cannot be admitted in evidence.

Ramana (Querist) 10 July 2017
What's the solution sir

Dr J C Vashista (Expert) 11 July 2017
Amicable settlement is the only answer to your question.

Message likes : 1 times

Ramana (Querist) 11 July 2017
Thanks one and all for guiding me sir..

krishna mohan (Expert) 11 July 2017
Well advised by Dr.Vashista. Amicable settlement is the only option available. You can pursue.

P. Venu

(Expert) 13 July 2017
The agreement is not enforceable through the due process of law.

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