Regarding lending money

KISHOR CHANDRA NAYAK (Querist) 09 March 2014 This query is : Resolved
one of my company labour want to take money for protection of my money what deed i should prepare.

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Devajyoti Barman (Expert) 09 March 2014
Make a Promissory note on a time bound repayment.
Mention of accommodation loan.

Dr J C Vashista (Expert) 10 March 2014
Promissory Note

malipeddi jaggarao (Expert) 10 March 2014
Yes, Promissory Note.

Rajendra K Goyal (Expert) 10 March 2014
Agree with the experts.

These days Post Dated Cheques are also taken.

ajay sethi (Expert) 10 March 2014
take a letter from him wherein he acknowledges receipt of loAN and agrees to repay IN _____ period . take a post dated cheque for said amount

Sudhir Kumar, Advocate (Expert) 10 March 2014
query is vague

Guest (Expert) 10 March 2014
I also endorse the opinion of experts about promisory note.

T. Kalaiselvan, Advocate (Expert) 11 March 2014
Yes obtaining a promissory note besides a post dated cheque will be a significant work for lending loan.

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