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?
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
Sudhir Kumar, Advocate
(Expert) 06 May 2016
Why did you lend money.
On what terms
On what proof
On what security
For what purpose