Legal Question in Banking Law in
can a promissory note be made before the money is actually received e.g if the pronote is signed on 10th Aug2010,but the loan is received on 15th Aug2010
Asked on 8/10/10, 10:45 am
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
yes. It is usually done by banks, who after getting the documents signed lend the money
Answered on 8/10/10, 6:21 pm
Related Questions & Answers
-
Sir i have received a demand notice from a nationalised bank under sec 13 of the... Asked 8/10/10, 9:52 am in India Banking Law
-
We also working with canara bank as a investment officer on contract basis , tell us... Asked 8/10/10, 7:04 am in India Banking Law
-
One of my senior citizen customer has made an FD by EorS with his son. The customer... Asked 8/09/10, 7:49 pm in India Banking Law
-
As per SARFACI Act on receipt of the notice under Section 13 within what period the... Asked 8/09/10, 12:21 pm in India Banking Law
-
I am taking money from my friend rs 100000/- rs and i am given blank cheque to him,... Asked 8/09/10, 4:42 am in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
