Legal Question in Credit and Debt Law in India
What is the statute of limitation for a credit card company to file a case in India? Is this appllicable for creditcards issued outside India and purchase happened in India? Does statute of limitation starts from the date of default or date of purchase or date of last statement?
Asked on 12/28/09, 1:16 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
India Law of Limitation is not applicable w.r.t. credit cards issued outside india.
Answered on 12/29/09, 10:04 am
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