Legal Question in Consumer Law in India
I have deposited an amount of Rs.25000/- to a private traders and obtained a receipt. He agreed to pay me the interest @ 18% p.a. Now he is not making the payment of interest as well as principle amount, can I file suit under consumer law against him.
Asked on 9/17/09, 10:10 am
2 Answers from Attorneys
You can file civil suit for recovery. You have not mentioned whether any written agreement was there or not, whether any cheque was ever given to you or not, how did you make the payment- by cash or cheque.. all these points are to be considered before initiating legal action.
Answered on 9/17/09, 12:14 pm
Related Questions & Answers
-
How much time builder give to purchaser to pay the cost of flat as per law? Asked 9/14/09, 2:59 pm in India Consumer Law
-
I am not disclosing the actual names here. My mother had signed a guaranter's... Asked 9/13/09, 1:12 pm in India Consumer Law
-
In continuance with my yesterday's question with regard to maintainability of a case... Asked 9/09/09, 3:27 pm in India Consumer Law
-
Sir, I have purshased an used Palio car in March'09 from a service centre. After... Asked 9/08/09, 11:28 pm in India Consumer Law
-
Where a case is maintable in the consumer forum against non payment of arbitration... Asked 9/08/09, 10:51 am in India Consumer Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
