Legal Question in Business Law in India
if there is no any specified period of maturity of promissory note what is the time limit for a promossisory note under what act and section? pl tell
Asked on 9/14/10, 7:54 pm
2 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
it is mentioned on the promissory note itself.
Answered on 9/14/10, 11:05 pm
Vishwa Arya
Arya & Co.
the limitation period is three years, it has to be read from Negotiable Instrument act and the limitation act
Answered on 9/18/10, 11:28 am
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