Legal Question in Credit and Debt Law in India
I have lent a sum of Rs 100000 to a friend, signing a legal stamp paper, 4 years ago. Now he is refusing to give me back my money, is that agreement on the stamp paper, valied after 4 years, so that I can file a case against him. Please reply.
Asked on 3/22/11, 2:25 am
1 Answer from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
No. the limitation to file a recovery suit is 3 years.
Answered on 3/22/11, 2:33 am
Related Questions & Answers
-
If a bank files a suit against me what shall i have to do i am a credit card... Asked 3/15/11, 11:35 pm in India Credit, Debt and Collections Law