Legal Question in Criminal Law in India

promissory note

I have advanced certain sum of money in good faith to my friend. The documentation include an agreement on Non Judicial stamp paper. The agreement consist of an undertaking to repay, a promissory note, receipt, surity. There is no separately executed promissory note alone but forming part of agreement on Non judicial stamp paper. Two cheques were issued towards repayment. In case of default, can a case be filed for recovery under respective law?


Asked on 6/16/08, 5:59 pm

4 Answers from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

Re: promissory note

If you had advanced money by cheque, you can base your recovery suit thereon.

Read more
Answered on 6/17/08, 12:48 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: promissory note

File a case for recovery.

Read more
Answered on 6/20/08, 1:17 pm
G. M. Gupta gmguptaandassociates

Re: promissory note

u can file under order 37 cpc

Read more
Answered on 6/18/08, 6:02 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: promissory note

You can file a case for recovery and if cheque gets dishonoured u/s 138 of NI act also.

Read more
Answered on 6/18/08, 8:15 am


Related Questions & Answers

More Criminal Law questions and answers in India