Legal Question in Banking Law in India
cooperative bank became insolvent now have filed case for recovery of funds after 6 years. is the case time barring
Asked on 5/11/11, 3:58 am
1 Answer from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
Yes. The limitation is 3 years for a recovery suit.
Answered on 5/11/11, 4:45 am
Related Questions & Answers
-
I lost my job in recession in dubai,i have a outstanding of 60000 dhs as loan and... Asked 5/11/11, 2:59 am in India Banking Law
-
I have taken some personal loan and credit card in dubai, but i lost my job in... Asked 5/11/11, 12:02 am in India Banking Law
-
Sir, I took a loan of 20 lacs from a bank, where a third party mortgaged his land... Asked 5/09/11, 9:43 pm in India Banking Law
-
Blank stamp paper & 4 cheque has been lost with my company stamp & signature... Asked 5/07/11, 2:57 am in India Banking Law
-
My father had taken loan of Rs. 4,00,000 lakhs in the year 2000 in the local branch... Asked 5/07/11, 12:27 am in India Banking Law