Legal Question in Credit and Debt Law in India

A and B executed a joint promissory note infavour of C who is creditor. during the trial C died as such his evidence was not adduced by the counsel for Plaintiff 'C'. The L.Rs joined in the case and they were also not adduced any evidence. only attestor and scribe were examined and they stated that C is a habitual money lender without possessing any license from the state government.

The question now is 1.whether the execution of promissory note was proved or not ? 2. whether a decree can be passed against A and B though C have not possess any money lending license.


Asked on 2/25/13, 10:56 pm

3 Answers from Attorneys
Sanjay Kalra Sanjay Kalra & Associates

What is the answer in Written Statement of A and B with regard to Promissory Note ? ....................Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.

Read more
Answered on 2/26/13, 1:40 am
Jayesh Desai Jayesh Desai

Full details of the case needed before an answer can be given.

Read more
Answered on 3/03/13, 12:32 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in India