India  |  Securities Law

Legal Question

Asked on: 6/28/13, 3:46 am

Respected Sir / Madam,

I am R.mani from kovilpatti ( tamilnadu ) . Last 2008 year I had given Rs.300000 to my friend. He pledged one land to my name in concern registrar office. Interest is 12% per annum. The land his own earned. After that I went another place for job purpose. He given interest only first 6 months, after that still now he did not given. Now my friend sold the land which is pledged to me. But Register office deed showing my name.

Questions:

1. How I get my money?

2. Is this traction legally correct or not?

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