I have a better plan.
If CIBIL gonna ultimately ruin, why don't take 5-7 more bank's card, 3-4 more loans and then execute the same.
@hender वो कहते है न, आपदा में अवसर।
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A great Life lesson for trusting someone above there worth
- Thread starter Kumar93196
- Start date
If CIBIL gonna ultimately ruin, why don't take 5-7 more bank's card, 3-4 more loans and then execute the same.
@hender वो कहते है न, आपदा में अवसर।
Indeed very sad and disheartening, great breach of trust and limits of negligence crossed by the friend.
Its very unfortunate to see what are we getting for putting our trust in someone.
But even if legal proceedings happen and the friend is found faulty how is he gonna pay he has no money!
and why doesn't your friend takes a personal load and gives your money back to you and then pays the amount himself!
Its very unfortunate to see what are we getting for putting our trust in someone.
But even if legal proceedings happen and the friend is found faulty how is he gonna pay he has no money!
and why doesn't your friend takes a personal load and gives your money back to you and then pays the amount himself!
Strange
TF Prestige
What is Kameti?
Good that you learnt in early in life and good that you lost only this much.
There is this golden proverb I always keep in mind -
1. If you are giving money to family or friends, give as much as you can afford to lose. After giving, just write it off from your mind. Believe that it's gone forever.
2. If someone asks money, and if you don't give it, you will lose only friendship. If you give money, you will lose money and friendship both.
There is this golden proverb I always keep in mind -
1. If you are giving money to family or friends, give as much as you can afford to lose. After giving, just write it off from your mind. Believe that it's gone forever.
2. If someone asks money, and if you don't give it, you will lose only friendship. If you give money, you will lose money and friendship both.
It's a group of people who pools their money in equivalent amount and any one/two of them takes and pays back after a week/month.
Basically (SHG) Self-help group
That's how it works here in bihar. Not sure about OP's version.
Well, Jokes Apart.
Above all - "Peace of Mind and patience in tough situation".
Life taught you a hard lesson, Now it's upto you, how you shape up your future.
Trust me, even the tough time pass TOO.
Whatever positive you can consume, may be spirituality or temple or Music or Books, Movies.
Keep yourself in Hope....
You already are a Winner, as you can open up yourself, and facing the problem.
Many can't do, and in anger, depression and frustration take wrong steps.
Your Time will COME.
Sorry to hear your experience bhai but as my father always told me don't mix relationship or friendship with money.
Maybe this style of living is too cynical for you in which case please feel free to ignore it.
However I never mix anything or anyone with money. Hisaab is hisaab.
I'm a baniya though
Maybe this style of living is too cynical for you in which case please feel free to ignore it.
However I never mix anything or anyone with money. Hisaab is hisaab.
I'm a baniya though
I am trying my level best to survive let's see what awaits me in future.
I gave him money out of sympathy and now i am the one who's paying the price of it.
I might have done wrong to someone this was the price i need to pay.
That's the spirit, you have the skills.
Keep doing, and believe in yourself.
All the best 👍
Kameti is a group of a few people save certain amount in emi's whoever needs the money can bid for a Higher price and use it and those who didn't bid will get the entire amount
I don't feel any pain if i used any penny of the loan amount. I don't believe in using some else's money to fullfill my needs and don't pay them back.
dvader
TF Ace
Man you don't understand taxes don't you (and Indian legal system either). The limit of 50k for gifts is the tax exemption limit. After 50k you have to pay taxes as per your slab. Ambani can gift me a billion Rupees he us not limited to 50k limit as long as I pay taxes on 1Billion minus 50k (limit). So if you don't have any income you can get a gift of 7L and for financial year 2025-onwards a gift of 12L tax free GIVEN THAT YOU DON'T HAVE ANY OTHER INCOME THAN GIFTS.
So OP's friend being a bastard most probably doesn't have any income. He is all good.
As for your legal suggestions, yes he can sue anyone he likes. But after thousands in legal and CA fee, all he will end up is more money lost. Again you are right in theory, but pratically it's an exercise in vein.
If OP had a cheque as a basic security for debt, he would have been in good condition and even then courts just go the route of settlement which on an average would take 5-10 years. And assuming the bastard friend CAN pay it. I can take 1Cr loan from you with a Cheque as Securty and make your life hell outside and inside court. All I would have to do is show how bad my condition is and how I want to pay but have no money. Courts always try to go the route of settlement. All OPs friend has to do is find an average lawyer. OP has to find a great lawyer. You do the math. Also look at the no of check bounce cases in court, I know two poeple with 50L+ check bounce case and they are the happiest people in the world. Every court date they go to court and that's it. They have your usual lawyers claiming they can keep stalling even the settlement. Courts can help you with Individual Suing an organisation and that too it's not the court helping, it's organization saving their brand image.
For individual vs Individual, there is practically no justice system in India. I personally (as In my family knows them since the last 50-75 years) know a guy who shot another guy (again know the family for almost 50-100 years...) dead in front of a shop, in full knowledge over a dispute and your usual rage with a licensed Gun. Surrendered himself, got bail and is happy as a fiddle. Both families are well connected and I mean really WELL connected. Calling Indian Judiciary a joke is like insulting jokes.
So in the end I like to keep my trust in my brains and my licensed Gun. Everything else is pure unadulterated bullshit.
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dvader
TF Ace
You can write this advice in pure gold and even that wouldn't do justice to it's inherent value.
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dvader
TF Ace
@OP this is some good advice, whether you go the legal route or not. Just hang in their, everyone handles tough situation differently, I can't comment on what TO DO but whatever you do, don't make your situation any worse than it already is. Focus on your mental health and peace above all.
For someone who understand law so much, you seem to advise a completely illegal move.
Only in India laymen are bigger experts than the experts themselves. I dont understand why people cant accept that someone who has spent decades of his life in a particular field might know more than them. The arrogance!
Matter is not just about 4L as stated by you( or even 7.5L). Thr bigger issue is defending personal asset in case (which is most likely) situation deteriorates. Protecting cibil & not getting targeted as co conspirator. The culprit has meddled with ops finances. He was his old partner. After sometime others will target op.
And you can't just wake up one day and claim it as Gift, you have to report it beforehand. Even for that you have to show proof, when someone contest it. Op has proof it was a loan.
With lawyer and ca, you get what you pay for. You can't give 300rs to mechanic to service your bike and expect him to repair what is wrong. He can only replace. If you want your mechanic to repair what is wrong, not replace the whole assembly, then you have to go to a skilled mechanic & he might charge 3k for it.
@Kumar93196 Its your call, whether you want to employ illegal tactics and dig bigger hole or go to someone who can salvage the situation
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dvader
TF Ace
I never recommended anything illegal. Keeping faith in your Brains and Licensed Gun is the most legal thing in the world. All I did was share my practical experiences.
However, if you think otherwise, see if you can help OP find a good lawyer. As I said, OPs friend just needs an average lawyer but OP needs a good/great lawyer to have a fighting chance.
And it's not the arrogance, My family has been in Indian Administrative, Legal and Defense services since the british ruled this country. I might know nothing or everything. Go ahead help OP (you can charge him for your services) instead of trying to win an argument and I could be lying about everything I said, this is internet. You read something and go on if you don't like it.
Again, not trying to belittle you in any way. You are right in everything you said, the question is the practicality of it all. In the end your comments are writing cheques that reality just can't cash.
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dvader
TF Ace
*Not accurate* That's the whole point. Not accurate is the reason I said going for fraud is not feasible/realistic. It's not a black and white case of fraud.
*illegal*
I would say metal agony and instability after loosing money (ofc if OPs conscience allows it), a court is not gonna apply gangster act on OP for this. Again you are being pragmatic.
And let's not go further this rabbit hole of realist vs pragmatic. OP is adult enough to read and make up his mind. And once again there is nothing you said that's techinically wrong. And see if you can help OP in any way, I love people like you who wanna fight against odds. That's how great stories are made.
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praful47
TF Ace
Bilkul sahi baat hai ..