Legal Question in Banking Law in Pakistan

I had issued promissory note in 1997 payable in 2002, is it valid as at today in 2010.

thanks

mansurali


Asked on 12/01/10, 12:05 am

3 Answers from Attorneys

Salman Khan International Lawyer

If you havent made the settlement elsewise then it is still payable... Do consult me for more at [email protected]

Regards,

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Answered on 12/01/10, 6:53 am

No , in your case it is time barred.

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Answered on 12/01/10, 8:53 am

No, it is time barred.but could be use in evidence for recovery suit.

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Answered on 12/01/10, 11:08 pm


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