Recovery suit

sheetal sachdeva (Querist) 19 March 2014 This query is : Resolved
What is the time limit to file a recovery suit? can we claim interest on the amount in question?

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ajay sethi (Expert) 19 March 2014
3 years . is there a clause for payment of interest ? if so you can recover interest on principal amount

Advocate Bhartesh goyal (Expert) 19 March 2014
Three years from date of due.you can also claim interest on pricipal/due amount.

Rajendra K Goyal (Expert) 19 March 2014
Academic query.

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