Hello All,
I need some suggestion.
Actually my father took a loan of Rs 70 thousand from a guy at 15 % per month.
My father was in an urgent need of the money.
That guy took a blank cheque with a sign from my father.
My father paid him 1 lakh 40 thousand Rs as an interest slowly slowly.
Now he cannot pay the rest money to him.
That guy now asking for Rs 25 Lakh and is sending us the summon against it.
Please guide me what should I do.
Waiting for your suggestions !!!
Thanks