Asked in Business
GudMorn..... D.... B, Howrah Yes, Recovery is bith an Art &LegaL ie,Carot&Stik to B used judiciousLy. Being an retired ExecutiV in RuraL Bank wid groung realities both ways i can handL your iasue effectivLY i Assume. Si consult me wid proper details. Advocate Banker
Issue him notice through lawyer demanding your money and if he refused to pay then File Money RECOVERY SUIT IN COURT through lawyer.
Dear Client, If the local police station is not taking effective action, you can escalate the matter to the higher authorities. If the police refuse to register your FIR or investigate properly, you can file a complaint before the Magistrate. The Magistrate can order the police to investigate the matter. Alongside the criminal proceedings, you can also file a civil suit for the recovery of the Rs. 12 lakhs. Sometimes mediation can be a quicker way to resolve disputes, especially if the other party is willing to settle. It is also advisable to engage a competent lawyer who can help navigate these options effectively and ensure that your case is taken seriously.
Recovery suit is civil in nature and have problem for getting the money back in recovery suit . There are some other options. You can contact me for proper and complete knowledge.
You have to wait the the respective courts` orders and can quicken the process by filing IA s on case to case basis. Alternativly you may try compromise negotians if opposite party is compelled to negotiating table.
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