Banking agreements-limitation period
v.sarat patnaik
(Querist) 29 October 2011
This query is : Resolved
agreement of loan(stamped/unstamped)
SHG loan agreement
mortgage loan
Dp note
guarantee agreenebt
-- is revival letter is a must for all the above agreements after 3 years ?
prabhakar singh
(Expert) 29 October 2011
There is no term called "revival",rather, if i know ,it is called acknowledgement of loan
that too with in period of limitation that is with in 03 years and not after 03 years.All depends on how original documentations were made.
Nothing can be spoken in that short cut as asked.
Shonee Kapoor
(Expert) 29 October 2011
It depends on first agreement.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
v.sarat patnaik
(Querist) 30 October 2011
thank you all. But i need detailed reply for my all quarries