Legal Question in Criminal Law in India
i have borrowed the amount with a specific interest rate for business,now the party is asking for the amount immidiately and pay a cheque for security reason.
Asked on 4/15/11, 10:40 pm
2 Answers from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
Do you have any written agreement to that effect ?
Answered on 4/15/11, 11:06 pm
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
moment you issue a cheque, the liability is admitted. the loan seem to be on good will basis and try n convince the creditor to not to take the cheque.
Answered on 4/16/11, 4:25 am
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