► Lent an amount of 45 lakhs to my cousin for investment in his property development firm and now reluctant to return
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1 Answer
Mar 17, 2026
Dear Client, as per your query, To recover ₹45 lakhs, your best bet is to issue a legal notice through a lawyer, which may force the borrower to pay up quickly without going to court. Since it was for a firm, you can file a Summary Suit under Order 37 of CPC, which allows for a quick recovery with acknowledgement, or file a normal Money Recovery Suit with bank transfer and WhatsApp chat records as proof. If there is proof of intent to cheat and a bounced cheque, you can file criminal charges under Cheating or Negotiable Instruments Act. I hope this answer is helpful. In case of further queries, please do not hesitate to contact us.
Thank You.
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