Hi,
Can anyone help me in my questions?
If I lend money do I need to take promissory note filled or unfilled with his/her signature? Please suggest me legally.
Thanks
Vamsi
Nakka Vamsi Krishna (Software Professional) 17 August 2011
Hi,
Can anyone help me in my questions?
If I lend money do I need to take promissory note filled or unfilled with his/her signature? Please suggest me legally.
Thanks
Vamsi
DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE ) 17 August 2011
You are doing illegal job and need advice on a legal website.
Bharatkumar (ADVOCATE ) 17 August 2011
If u lend money without interest then u can filled promissory note.
Nakka Vamsi Krishna (Software Professional) 17 August 2011
Can u explain me I dont know exactly what is illegal in this? I have not given I was forced to do so. I was just want to have suggessions on that in this site.
Nakka Vamsi Krishna (Software Professional) 17 August 2011
thanks Bharat I am giving it to my dearest friend but I was in confusion what to have as proof.
DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE ) 17 August 2011
You want to give money to your dearest freind and still bother for legalities /documents.
N RAMESH. (Advocate Chennai. Formerly Civil Judge. Mobile.09444261613) 18 August 2011
Mr.Nakka Vamsi Krishna,
lending money, that too, to a friend, is not illegal. Don't worry.
You can lend money with or without interest. its your wish.
As regards, promissory note, legally speaking, it should be filled up and signed by the party who executes it.