Legal Question in Credit and Debt Law in India

i had given a loan of rs 5 lacs by cheque to my cousin brother in the name of his shop in Meghalaya,shillong,which is a partnership firm having his wife as one partner and his brother's wife as second partner.this loan was given in the year 2007.there was no agreement for this but he is not returning back my money inspite he is threatening and abusing me.since the firm is in the name of ladies i had not tried to recover the loan legaly and i didn't wanted to disturb our relationship.cerrently i am facing hardship of money and prepared myself to go legaly.can i file a legal suit from kolkata to recover my loan.is this a time ward case,can i take police help from kolkata.


Asked on 9/30/13, 1:26 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

30.09.2013

Dear Sir / Madam,

Yes, you can resort to Police action.

Regards,

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Answered on 9/30/13, 10:52 am


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