I lent to my friend a year ago 3 Lakhs, did not sign an agreement, he is ready to sign a contract now, it is advisable to have an appendix in the agreement that gives details on the amount of the loan in the past (1 year back). The amount of the loan was by esaming the credit card in several months for small amounts up to 10K love srinivas, yes, you can move forward! I think a credit contract is a better option. You are kind enough to take the help of a civil lawyer! All correspondence is addressed to the address in the preamble description of this agreement. Dear Christian, thank you for your esteem. Thanks for sharing links, although the format is good, it is more applicable to U.S. transactions. I need some information from you. We borrowed a certain amount of money from our family friends four years ago. The total amount was 6 Lakhs And at the time of borrowing the money we gave more than 2 sola changes to them. We recently learned that they missed one of our sola changes.
This month we will pay them the full amount and I would like to receive a letter from them. Please let me know the format of not making these contributions and let me know too, I need to take all the other documents from them for future purposes. D.1 All disbursements that the borrower is required to pay to the lender as part of or under this agreement are made by a post-given cheque, duly crossed and marked with “only A/C Payee”. D.2.1 The borrower pays the CGV for the duration of the loan at the time of payment of the loan. In the event that it is unable to provide the total number of chequebooks required, it must necessarily provide a PDC for the amount corresponding to the outstanding amount at the end of the period for which the EMI PDCs were granted. D.2.2 The borrower must obtain the net PCS for the remaining MIM at least one month prior to the likely depletion of the PDO referred to in paragraph 1. It is on this date that the loan will be given to the borrower for the above portion of the outstanding principal. If it is unable to provide net PDCs, it must necessarily indicate a PDC for the amount corresponding to the outstanding amount at the end of the period for which the EMI PDCs were granted. This is repeated until the full amount is refunded.
D.3 No communication, warning or privacy is provided to the borrower prior to the presentation of the g.C issued. D.4 The borrower agrees and understands that the non-contribution of PDC through another does not affect, for any reason, the borrower`s liability in repaying the loan. All guarantees, commitments and agreements made by the parties are binding on the parties and their legal representatives and reductions. This agreement (as well as any amendment or modification of the agreement) replaces all prior discussions and agreements, written or written, between the parties regarding the transaction. B) a person who, in both cases, has arrived in India or is in India, other than: (B.1) for a job in India or (B.2) for the exercise of an activity or vocation in India or (B.3) for other purposes, under circumstances that would indicate his intention to remain in India for an uncertain period; (h) “person”: one person;