Legal Question in Credit and Debt Law in India
I have taken money for investment purpose from someone. I have already paid him 400% of what he has invested. now due to some issues i cannot trade on his money anymore and i have asked him some time to return his capital to him but he refuses to give me time and keeps asking to give returns till i don repay his capital even though he knows that i am not trading anymore. am i liable to pay him anymore money? and do i have the right to ask him time to return his capital?
Asked on 7/03/13, 1:20 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
03.07.2013
Repeat query ... already answered.
Answered on 7/03/13, 3:09 am