Both men also provided submissions about incidents where they allege that the other harassed, threatened or intimidated them \n<\/p>\n
The BC Civil Resolution Tribunal recently ruled in favour of a man who is owed money for lending funds to another man who claimed he was forced to sign a loan agreement.<\/p>\n
Providing documents, a video and a witness statement of the two signing an agreement, Narasimha Reddy Kankara said that in July 2024, he lent\u00a0$4,000 to Mukesh Yasarapu to purchase a vehicle.<\/p>\n
He had only received $2,000 back, but the signed agreement was that the loan would be repaid in full by Oct. 30, 2024.<\/p>\n
Yasarapu said he asked Kankara for more time to pay the money back, alleging Kankara forced him to sign that agreement.<\/p>\n
In submissions, Yasarapu said Kankara and seven or eight others \u201cattempted to assault\u201d him, threatened him and forcibly took him to Kankara\u2019s home.<\/p>\n
He also said that they forced him to sign the agreement \u201cunder fear and pressure\u201d and he signed because he was scared for his safety.<\/p>\n
The Tribunal noted that to prove duress, Yasarapu must show the other man put him in a position where he had no realistic alternative but to agree to sign the loan agreement, and that there must be unfair, excessive or coercive pressure that overrides the party\u2019s free will.<\/p>\n
However, other than his bare assertion, the respondent provided no evidence, such as witness statements, to support his allegations, while the video of the parties signing the agreement does not indicate that Yasarapu was under visible duress when he signed.<\/p>\n
Both men also provided submissions about incidents where they allege that the other harassed, threatened or intimidated them after the signing.<\/p>\n
However, the alleged incidents do not change the obligation of Yasarapu, who admits borrowing the money, to pay back Kankara.<\/p>\n
The Tribunal ruled Yasarapu must pay the $2,000 that he still owes, as well as interest, but denied other amounts Kankara was seeking including \u201ctowing fees\u201d to take possession of the vehicle in the future.<\/p>\n
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