What is statute of limitations for debt collection in karnataka ???
Sudheendra (Social worker ) 14 June 2014
What is statute of limitations for debt collection in karnataka ???
Dr J C Vashista (Advocate) 14 June 2014
It is 3 years all over India
Sudheendra (Social worker ) 14 June 2014
@ J C Vashista ... Thank you kindly for your reply ...
Is the same applicable for recovery agency also ???
Dr J C Vashista (Advocate) 15 June 2014
It is applicable for all legally recoverable debts all over India.
T. Kalaiselvan, Advocate (Advocate) 15 June 2014
Until there is no renewal within three years, the limitation will end after completion of three years period.
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