Can I recover money from legally as an NRI?
I gave ₹18 lakhs to my friend, out of which he has returned only ₹3 lakhs. Despite my repeated requests, he is refusing to repay the remaining amount, stating that he does not have the money to do so. I have bank statements and transaction records proving that I transferred the money to him. Can I take any legal action against him, including filing a cheating case? How long would such a case typically take to resolve, and are there any fast-track procedures available considering that I am an NRI?
Yes, you can initiate civil recovery proceedings to recover the remaining ₹15 lakhs, and a criminal complaint for cheating may also be maintainable. With bank transfer records and other evidence, you have a strong basis to take legal action. As an NRI, you can authorize a Power of Attorney holder to pursue the case in India, though there is no separate fast-track procedure solely because you are an NRI. For further legal assistance contact us on our helpline number.
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