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From what you are stating and the documents that you are stating, the lender has a cheque of INR 5 lac which might bounce/ have already bounced for the lack of funds. Hence he is completely in his rights to file a criminal complaint against your brother. Also, he has not visited your house but you have. Hence filing of criminal intimidation complaint ...
Wazzeer Professional Network
ProfessionalMy brother has borrowed INR 1.6L from a financier (a politician) and INR 70K from his wife. My brother gave a cheque as a security to the financier. My brother continued to pay interest for a long time, but failed to pay the interest for some time. Due to which, the financier has been threatening and warning from brother and family. In total my brother had settled INR 1.85L, a few days back we agreed to pay INR 45K as a final settlement. But, the financier called us to home, got the security check signed for INR 5L and to top it all, he has sent a legal notice. What should we do now?
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Wazzeer Professional Network
ProfessionalFrom what you are stating and the documents that you are stating, the lender has a cheque of INR 5 lac which might bounce/ have already bounced for the lack of funds. Hence he is completely in his rights to file a criminal complaint against your brother. Also, he has not visited your house but you have. Hence filing of criminal intimidation complaint is not a possibility. Hence it is advisable to go for an out of court settlement with him and get your cheque back.
To take this discussion forward, all you have to do is ->"Get Started"
over 3 years ago
From what you are stating and the documents that you are stating, the lender has a cheque of INR 5 lac which might bounce/ have already bounced for the lack of funds. Hence he is completely in his rights to file a criminal complaint against your brother. Also, he has not visited your house but you have. Hence filing of criminal intimidation complaint ...
Wazzeer Professional Network
ProfessionalMy brother has borrowed INR 1.6L from a financier (a politician) and INR 70K from his wife. My brother gave a cheque as a security to the financier. My brother continued to pay interest for a long time, but failed to pay the interest for some time. Due to which, the financier has been threatening and warning from brother and family. In total my brother had settled INR 1.85L, a few days back we agreed to pay INR 45K as a final settlement. But, the financier called us to home, got the security check signed for INR 5L and to top it all, he has sent a legal notice. What should we do now?
-
Wazzeer Professional Network
ProfessionalFrom what you are stating and the documents that you are stating, the lender has a cheque of INR 5 lac which might bounce/ have already bounced for the lack of funds. Hence he is completely in his rights to file a criminal complaint against your brother. Also, he has not visited your house but you have. Hence filing of criminal intimidation complaint is not a possibility. Hence it is advisable to go for an out of court settlement with him and get your cheque back.
To take this discussion forward, all you have to do is ->"Get Started"
over 3 years ago
From what you are stating and the documents that you are stating, the lender has a cheque of INR 5 lac which might bounce/ have already bounced for the lack of funds. Hence he is completely in his rights to file a criminal complaint against your brother. Also, he has not visited your house but you have. Hence filing of criminal intimidation complaint ...
Wazzeer Professional Network
ProfessionalMy brother has borrowed INR 1.6L from a financier (a politician) and INR 70K from his wife. My brother gave a cheque as a security to the financier. My brother continued to pay interest for a long time, but failed to pay the interest for some time. Due to which, the financier has been threatening and warning from brother and family. In total my brother had settled INR 1.85L, a few days back we agreed to pay INR 45K as a final settlement. But, the financier called us to home, got the security check signed for INR 5L and to top it all, he has sent a legal notice. What should we do now?
-
Wazzeer Professional Network
ProfessionalFrom what you are stating and the documents that you are stating, the lender has a cheque of INR 5 lac which might bounce/ have already bounced for the lack of funds. Hence he is completely in his rights to file a criminal complaint against your brother. Also, he has not visited your house but you have. Hence filing of criminal intimidation complaint is not a possibility. Hence it is advisable to go for an out of court settlement with him and get your cheque back.
To take this discussion forward, all you have to do is ->"Get Started"
over 3 years ago
View answer
My brother has borrowed INR 1.6L from a financier (a politician) and INR 70K from his wife. My brother gave a cheque as a security to the financier. My brother continued to pay interest for a long time, but failed to pay the interest for some time. Due to which, the financier has been threatening and warning from brother and family. In total my brother had settled INR 1.85L, a few days back we agreed to pay INR 45K as a final settlement. But, the financier called us to home, got the security check signed for INR 5L and to top it all, he has sent a legal notice. What should we do now?
-
Wazzeer Professional Network
ProfessionalFrom what you are stating and the documents that you are stating, the lender has a cheque of INR 5 lac which might bounce/ have already bounced for the lack of funds. Hence he is completely in his rights to file a criminal complaint against your brother. Also, he has not visited your house but you have. Hence filing of criminal intimidation complaint is not a possibility. Hence it is advisable to go for an out of court settlement with him and get your cheque back.
To take this discussion forward, all you have to do is ->"Get Started"
over 3 years ago -
Wazzeer Professional Network
ProfessionalFrom what you are stating and the documents that you are stating, the lender has a cheque of INR 5 lac which might bounce/ have already bounced for the lack of funds. Hence he is completely in his rights to file a criminal complaint against your brother. Also, he has not visited your house but you have. Hence filing of criminal intimidation complaint is not a possibility. Hence it is advisable to go for an out of court settlement with him and get your cheque back.
To take this discussion forward, all you have to do is ->"Get Started"
over 3 years ago -
Wazzeer Professional Network
ProfessionalFrom what you are stating and the documents that you are stating, the lender has a cheque of INR 5 lac which might bounce/ have already bounced for the lack of funds. Hence he is completely in his rights to file a criminal complaint against your brother. Also, he has not visited your house but you have. Hence filing of criminal intimidation complaint is not a possibility. Hence it is advisable to go for an out of court settlement with him and get your cheque back.
To take this discussion forward, all you have to do is ->"Get Started"
over 3 years ago
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