Legal Question in Credit and Debt Law in India
Can the bank take legal action after 7 years if I haven't paid them?
Asked on 10/26/12, 6:29 am
1 Answer from Attorneys
Vishwa Arya
Arya & Co.
limitation for claim is three years unless you have acknowledge the claim during the first three years and then again during the second three years
Answered on 10/26/12, 7:22 am
Related Questions & Answers
-
Dear Advocate, Could you please extend your advice regarding my below issue;... Asked 10/21/12, 2:32 am in India Credit, Debt and Collections Law
-
Can i file case against propmissory note worth ten laks Asked 10/12/12, 1:01 am in India Credit, Debt and Collections Law