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What we can do if someone is not returning your money in India?

What we can do if someone is not returning your money in India?

In case the person has returned the money through cheque to the lender and later if it is found that the cheque has been bounced, the lender can file a suit under Section 138 of NI Act. Here the person has to repay within 30 days. The lender will file a criminal case against the individual if the later fails.

What legal action can you take if someone owes you money in India?

You can serve him with a legal notice and if after that also he fails to pay back the sum then you will have to file a civil suit for recovery in the appropriate court also you can try and file an FIR for cheating.

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Can someone go to jail for not paying you back?

Not being able to meet payment obligations can make anyone feel anxious and worried, but in most cases, you won’t have to worry about serving jail time if you are unable to pay off your debts. You cannot be arrested or go to jail simply for being past-due on credit card debt or student loan debt, for instance.

What can I do if someone owes me money and refuses to pay India?

Can I file a police complaint against someone who lent money?

You can file a police complain but do go for legal actions only if you can prove that you lent money such as you lent money by bank account and the same is evident on your bank account entries, other wise do not get into legalities unnecessarily.

What is a legal notice in India?

Sending a legal notice is one of the main moves towards money recovery in India. The legal notice is usually issued by a lawyer to solicit settlement on behalf of its client. The following must be included in a legal notice: The legal notice should be drawn up in a specific and proper letterhead of a lawyer.

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What can I do if my ex lent me money?

If you have lent the money in good faith for his benefit without charging any unlawful interest, such as helping him on his medical expenditure etc. , then you can file a recovery suit in a civil court having the Jurisdiction to try the suit.

Is police misconduct an open scenario in Indian society?

But abuse of powers by the police officials has become an open scenario in Indian society. Police misconduct or illegal actions can be of various types, some of them are briefly discussed below. Police misconduct includes: The word “arrest” is not defined in The Code of Criminal Procedure, 1973.