Hi,
One person has to pay us Rs.1,12,000
We have given him money by cheque for investment.
He had given us interest earlier. Later on he didnt give saying that he is in loss. He told us that he will pay the money.
We have a written agreement saying that we have given money to him and he wil give monthly returns as well as give us full amount back when required.
1. As per agreement he had to give money back,he didnt give
2. He said he will give a cheque of 10,000Per month as installment to return my money, he is not giving
3.Now he is saying that i am collecting money through chit fund and giving you.
We have paid all amount by cheque, we have all proofs.
This person is not a permanant resident of my city. He keeps on changing places and switches of phone and cuts our call when we call for money.
How should we recover money from him. His permanant address is different
