How to deal with a signed blank bond paper problem..
Raj Singh
(Querist) 12 February 2014
This query is : Resolved
Dear sir,
I am Raj from Hyderabad and some time back in the year 2007, i have given surety to one of my friend to a private financier. My friend gave all the legal & original land papers to the private financier and for surety, the financier took my signatures and thumb impression on 100 Rs. blank Bond paper. Everything was going on well and after 18 months, my friend repayed all the loan amount and took back his original papers and the brokers who works with the financier didnt gave my signed bond papers to my friend.
Sir, now almost after 7 years one of the broker, who works with the financier called me and is asking me for money. He is blackmailing me to give the amount or else, he will write some xyz amount in it and file a case on me.
Sir, i am employed with a private company and i am living with my wife and daughter in Hyderabad. As mine is a love marriage, none of my family members will support me.
Kindly help me to overcome this situation.
Anirudh
(Expert) 12 February 2014
Please do not panic.
He will only be threatening you but he cannot really do any harm to you. You say that your friend made all the payments and took back his papers. Legally he cannot succeed. Keep quiet. Let him first act. Do not say anything either orally or in writing.
adv. rajeev ( rajoo )
(Expert) 12 February 2014
You don't have to worry even if he files the case for recovery of money, he wont be succeded because debt amounts to time barred. You do one thing you issue legal notice briefing the entire fact and instruct him to return the signed blank paper which was given 7 years ago, otherwise you would initiate criminal proceedings agianst him.
Rajendra K Goyal
(Expert) 12 February 2014
Agree, you may send legal notice as advised by the expert adv. rajeev ( rajoo) otherwise keep mum at the moment.
Guest
(Expert) 12 February 2014
@Author To be on the safer side you file a police complaint stating all the facts and get the FIR registered and obtain a copy.
Rajeev Kumar
(Expert) 12 February 2014
No need to worry, send them a legal notice.
Guest
(Expert) 13 February 2014
@Author Never Under Estimate Your Enemy.Better take PreCautionery methods
Raj Singh
(Querist) 13 February 2014
Hi sir,
From the bottom of my heart, i thank all of you for giving me a reply to my query. Thank you very much sir's.
Your respective replies gave me lot of courage and confidence and i will definitely act as per your kind instructions.
Once again thank you sir's.
T. Kalaiselvan, Advocate
(Expert) 15 February 2014
If the threats are oral and persistent, you may lodge a complaint with the police subsequent to which you may issue a legal notice demanding him to return all the duly signed blank documents held by him which was deposited with him for the purpose of security to the loan availed by your friend, if he is not responding, watch him and th developments, let him initiate the legal action, you can challenge the same as per merits.
