Legal Question in Credit and Debt Law in India

HI, i AM BABU MY FRIEND PRAKASH HAS LEND ME MONEY AND I HAVE GIVEN THE BLANK CHEQUE FOR IT AND AFTER FEW MONTHS I RETURNED BACK ALL HIS MONEY BUT HE IS NOT GIVING MY CHEQUE AND HE IS BLACKMAILING ME FOR CHEQUE BOUNCE AND I WENT FOR THE SUGESSTION OF LAWYER HE IS SAYING THAT YOU ARE SAFE BUT I AM STILL WORRYING. THE POINTS THE LAWYER SAID TO ME ARE

1> THERE IS NO PROOF THAT BABU HAS GIVEN CREDIT TO YOU

2>THERE IS NO ACCOUNT TRANSACTION MADE TO YOU BY BABU

3>THERE IS NO AGREEMENT MADE BY BABU THAT HE HAS GIVEN MONEY TO YOU

DO YOU THINK I AM SAFE PLEASE ANSWER ME


Asked on 2/11/16, 7:36 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

11.02.2016

Dear Babu,

Police intervention and action is advisable and recommended to quickly address and amicably resolve the issue.

Regards,

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Answered on 2/11/16, 7:56 am


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