Civil Suit On Pronote
rajan chopra
(Querist) 28 October 2015
This query is : Resolved
Sir one of my relative borrowed some money from me for a short period and executed a pronote that in case he does not return my money as and when demanded he will be liable to pay double of the borrowed amount to me if I had to adopt legal recourse to recover my money.Now as I am constrained to file a summary suit in court to recover money can I demand the amount double of that was lent or I can demand the amount with interest as permissible by law ?
R.K Nanda
(Expert) 29 October 2015
no, u cannot demand the amount double of that was lent but can only demand the amount given with interest as permissible by law.
Rajendra K Goyal
(Expert) 29 October 2015
Your demand for double may not succeed in the court.
Consult your lawyer to find out whether the document fulfils the ingredients of pronote.
How the money was given, by cash or through cheque?
K.S.Srinivas
(Expert) 29 October 2015
I agree with Sri R.K.Nanda.
Advocate/CS Sanjeev Kataria
(Expert) 30 October 2015
amount as per the tenor of the pronote can be demanded, summary suit is to be filed within 01 year from the date of cause of action. Experts have advised rightly
