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How to take time legally to repay so that we can be on safeside?


My name Deepak, age 23 years. I took loan and started one office where I was doing data entry job work from few of companies. Just one month was passed one person came to me with a proposal of data entry work for which he asked for security deposit to be submitted to the company to get that work. But since I was not having enough money he said me to collect few members through advertisement or friend circle and tell them to deposit the amount and get the work. I did same. My friends and few strangers came to him he convinced and they get ready then they submitted Rs.5000/-, Rs.7500/- or Rs.15000/- depending upon their capacity and this way Rs.2 Lakh was collected by me. But they were asking for security so I gave in writing on stamp paper that my company is taking so much of amount and that it is refundable and we will be giving job work every month. I forwarded that money to that person who after a month run away by that time. First job work was finished and all members where asking f

Well... you are in a situation... legally they have you. My advice is to wait it out... yes they have you BUT they have to go through the process of suing you to get it.

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