Can I Lend Money to Someone & Make My Own Loan Agreement?” – Or should I also lend them a lawyer? ๐
๐ A witty client once asked: “I gave my friend ₹5 lakhs last year and made a handwritten agreement. Now he’s ghosting me. Is my homemade loan contract legally valid?” Our response: Bro, you gave him lakhs and trusted a pen & paper? That’s not a loan… that’s charity with extra steps! ๐๐ธ #LoanAgreementIndia #PrivateLoanLawIndia #ContractLawIndia #MoneyLendingIndia #LexisAndCompany ๐ Here’s What the Law Says: ✅ Yes, personal loan agreements between individuals are legal in India ✍️ Even a handwritten or typed document signed by both parties can be enforceable ๐
But it must clearly mention: – Loan amount – Date of disbursement – Repayment terms – Interest (if any) – Witness signatures ๐งพ Bonus: Add an acknowledgment of receipt and mode of transfer (bank proof preferred) #PrivateContractIndia #LoanRecoveryIndia #LegalDraftingTips #PersonalLoanTipsIndia #Deb...
Can I Legally Record a Call with a Client or Vendor in India?" ๐๐️⚖️ #CallRecordingIndia #ClientCallRecording #LegalPrivacyIndia #TelecomLawIndia #BusinessEthics #AudioEvidenceIndia #StartupLegalFAQs One of the most Googled client confessions during disputes: ๐ "I recorded the phone call with my vendor — can I use it legally in India?" Answer: ๐ฏ Yes, but with conditions! In India, call recording by one party is NOT illegal , provided you are one of the participants in the conversation. ๐ง However, using that recording in court or for business purposes still has privacy and admissibility boundaries . #LegalCallRecording #TelecomRegulationsIndia #EvidenceUnderIndianLaw #ClientCallsAndLaw #VoiceRecordingIndia ๐ What’s Legal ✅ vs What’s Risky ⚠️ ✅ You can record a call where you’re a party to the conversation ✅ You can use it as evidence under the Indian Evidence Act , subject to authenticity ✅ It can help in disputes, service issues, or breach of agreeme...