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Sir, someone borrowed money from me and assured me that they would definitely return it. However, now they are denying the full amount. They claim the total amount is approximately ₹36,000, but the actual amount is ₹1,37,000 (which is my principal amount). I only have their signature on a normal piece of paper as proof. The money was borrowed on 15th February 2017. What should I do? Please guide me.
You can send a legal notice to the borrower demanding repayment of the full amount. If they still refuse, you can file a civil suit for recovery of money in court, using the signed paper as evidence. Consult a lawyer to draft the notice and initiate legal proceedings. For further legal assistance contact us on our helpline number.