Money lender haressment
virdyal
(Querist) 12 June 2012
This query is : Resolved
sir
one of m friend took a loan of rs1,50,000 in February from ASHISH KOUSHIK R/O RZ- 32 VIJAY PARK NAYA BAZAR NAJAFGARH NEW DELHI-110043 PH. 9212208666, 7503871888 is in the business of lending money. he dose not have any license, is charging 50% p.m.(i.e. 2000 per day) interest from him and also charging penalty for late payment of interest. my friend have already paid him 95000 as penalty and interest, but he still asking 190000 from him he is not in a position to pay such a huge amount soon. now mr. ashish threatening him that he will file a case of cheque bounce. he also molesting him in front of his family members please sir help my friend he is sever depression and i feared that he might take any wrong step.
A V Vishal
(Expert) 12 June 2012
First of all do you have proof that the lender is charging 50% p.m interest, your query is bereft of facts
virdyal
(Querist) 13 June 2012
Yes and the sum is now around 240000
A V Vishal
(Expert) 13 June 2012
What proof do you have regarding the lender charging 50% interest.
virdyal
(Querist) 13 June 2012
i just wanted to know what can i do according to law, is there any law or institution of which i can seek help
mukesh Gupta
(Expert) 13 June 2012
Query is nor genuine. It seems that something else is behind it.
virdyal
(Querist) 13 June 2012
stay out of this mr. gupta if you dont know anything i have proofs and the total interest charged by him
A V Vishal
(Expert) 13 June 2012
mR QUERIST, YOU CAN DO LOT OF THINGS LEGALLY BUT WITHOUT PERUSING ANY DOCUMENTS/PROOFS HELD BY YOU AS CLAIMED IT IS NOT POSSIBLE TO ADVISE
SAINATH DEVALLA
(Expert) 14 June 2012
virdyal ,
You have to show restrain when experts are answering yur query.Your query certainly lacks true facts.You are not permitted by the forum to write nonsence against experts.Mr.Gupta demand an appology from him.
K.K.Ganguly
(Expert) 14 June 2012
For answering your questions certain facts are required to be known which have been asked by Mr.Vishal. No body can charge so much of interest beyond RBI guidelines. For asecertaining that or proving that he is charging that much of interset, it is required to be known what evidence you have for that. Are you paying the interest by cheques which will prove that you have paid that much of money so far? Most likely not. Normally in such cases, the interest & penalties are collected in cash. So what evidence do you have to prove that the money lender is collecting so much interest? On coming to know this further advice can be given. If you do not have any such evidence, you can not do much for relief.
Shonee Kapoor
(Expert) 18 June 2012
You have been asked pertinent questions.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
