Recovery for money lent to someone

Deepak (Querist) 04 May 2016 This query is : Resolved
Hi sir i have paid Rs. 5 lacs by my account payee cheque to my collegue as a personal help now he had left d job from my company, I tried to get my money back but his intentions r not to pay it but giving me different excuses..how to get it back?

Follow Query

Report Abuse

Advocate Bhartesh goyal (Expert) 04 May 2016
Issue a legal notice to your friend and demand rupees five lacks along

Advocate Bhartesh goyal (Expert) 04 May 2016
Issue a legal notice to your friend and demand rupees five lacks along with interest.if notice is not complied with by your friend than file suit for recovery of said amount with interest also file an application for attachment of his property before judgment.

Kumar Doab (Expert) 04 May 2016
You need to act to get your money.

malipeddi jaggarao (Expert) 05 May 2016
I agree with the advice of expert shri Bhartesh goyal.

Rajendra K Goyal (Expert) 05 May 2016
Agree with the expert Advocate Bhartesh goyal.

However, first identify / gather information regarding his property from which you would be able to recover if decree obtained.

Sudhir Kumar, Advocate (Expert) 06 May 2016
Why did you lend money.

On what terms

On what proof

On what security

For what purpose

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries