money lendering
satnarain karwa
(Querist) 16 November 2015
This query is : Resolved
I have given loan for rs 4lakhs vide cash and acceptance received from borrower on ten rs. Stamp paper. Rate of interest mentioned 1.25% per month. If borrower do not pay whether I can make suit under section 138nei act on advance cheque basis. Whether borrower can say in court that I have not money landing licence
SAINATH DEVALLA
(Expert) 16 November 2015
repeated query
http://www.lawyersclubindia.com/experts/loan-against-property--569881.asp
K.S.Srinivas
(Expert) 16 November 2015
Agreed with the experts.