Legal Question in Credit and Debt Law in India

Hello Dear Lawyer,

I am 37 year male from Pune.My wife did a money transaction with her friend (Male). My wife took money (Money was transfred using RTGS/NEFT to my savings accout). the amount was Rs 45000. It was said to be help/donation and meant for not refund. All amount was transfered online using 'online fund transfer'

Now he is asking his money back although this money was said to be help/donations. I have email sayings that this money was indeed for help. He never demanded refund when he transfered money to me.

I or my wife have not given any comittment to give it back. We have not given any post dated cheques to him. We have not given any collatral security to him. We have not signed any legal papers while taking money help from him.

Now he is written an email demanding entire money back with 15days. He is threatening me to take legal action.

My questions: Is Iam bound to pay him back as the money was not borrowing.? The money was not credit taken from him. Do I am legally wrong? Do we need to pay him back? If I am wrong, which section I am applicable? Can I refuse him to pay back? Is refusing him is accountable in law? Did I do wrong? Pl help me. Let me know if you need any further info.

Manas

Pune

2 Answer from Attorneys

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