Meerut | 04 May, 2021 (4 months, 3 weeks ago)

General Advice

do court consider interest in caseof recoveryof unsecured loan without agreement

given unsecured loan by cheque/rtgs to a partnership firm without any written agreement . Now they are not returning money. i want to file case against them. will court consider my case for basic amount + interest for the period or will consider only the basic amount as no written agreement is present. If interest is consider by court what rate is applicable.
Answers
05 May, 2021 | 11:10

Yes
You can call me for advise on mobile no 9359867870
Advocate IRFAN SHAIKH


04 May, 2021 | 23:13

Interest can be validly claimed atleast for the period during which the litigation subsists (which is usually referred to as pendente lite). You may further claim for cost of litiation.


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