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DThis is the stupidity of laws in India minimum 1 cr fine should be set instead the government is busy trying to take bribes when business want to setup shop.DGuys not legal advice but if someone needs money as large as 5 L + he/she is probably not capable of returning back. Simply because they are extremely poor at financial management except in health emergencies. I don’t want to spoil my friendships with friends so I took a screenshot of when my portfolio showed huge losses and whenever someone asks for loan. I tell them don’t tell this to anyone I borrowed 10 l from my friend and suffered huge losses now every month I am paying 60% of my income to my friend and I was about to take a loan from you too but seems like we are in the same boat.
Amount increases as per the other guys demand he says 2L I say loss of 20 Lakhs.
DIf this was the US the builder would have had to strip naked selling all his shit to recover the money.Besides this country is so shitty in other countries the route to invest into un developed housing projects is different. Here the buyer has to directly invest without the construction ever starting.
Viewing 3 posts - 1 through 3 (of 3 total)