Legal Question in Civil Rights Law in India

i take loan from my friend 2L interest of 6%pm no documents only i gave 1 empty cheque. 4 months after i was paid 50k ( 35k amount + 15k interest ) and tell interest 6% i cont pay please reused but he say no give me balance 165k full amount on the spot. he and me a small quarrel so Finley both are dissed the settlement i taken back empty cheque and i gave 14nos cheque crossed his name and write account number also 165k + 15k interest 14 installment. 1st installment 50k balance 13 are equal 10k Total 180k. but no one passing bank because no sufficient balance. he is filed age nest me cheuqe bounse case claim amount 3.5L. its already court as issue the arrest warrant . what will do now


Asked on 7/02/16, 7:39 am

1 Answer from Attorneys

1) Settle with him amicably and pay. Otherwise challenge the cases.

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Answered on 7/02/16, 8:12 am


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