Debt agreement
5 years ago
My brother has taken 50000 as debt through me from someother. Almost 12 months has gone. He was not paying interest and also debt amount. He signed on stamp paper. How can I proceed? What law will help me in this situation?
Deepak Yashwantrao Bade
Responded 5 years ago
A.Send legal notice through lawyer if they deny to return money file money recovery suit
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A.Law can only give a decision in your favour, but recovery is left to you and whatever means your brother has.
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Ved prakash Shaw
Responded 5 years ago
A.First serve demand notice.If he doesn't pay then u may file money suit in civil Court
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ROBERT D ROZARIO
Responded 5 years ago
A.Since he is your own brother, I would not suggest you to file a criminal case against him, or a civil suit for recovery of money. In both the cases, if you approach the court to interfere, your relationship with your brother will get sour. It's better to settle the matter amicably with him.
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Rakeshkumar taninki
Replied 5 years ago
Thank you sir.
Its an ancestor's property.
What to do in this case?
Rajeev RJ
Responded 5 years ago
A.first you have issue a legal notice asking your brother to return the money with interest.
Regards
Rajeev
RJ Associates
Trivandrum
Regards
Rajeev
RJ Associates
Trivandrum
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