Old 6 year dues

Querist : Anonymous (Querist) 28 October 2022 This query is : Resolved
Dear sirs

Need to know the time limit till when a vendor can claim their old invoice. eg. 6-7 years old.

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kavksatyanarayana (Expert) 28 October 2022
What is your query as no clarity in the query? Your tutor can answer your academic queries.

Querist : Anonymous (Querist) 28 October 2022
If we receive vendor statement with whom we have exit 4 years back now vendor is claiming for old invoices which are older than 4 years whether claim of vendor is legitimate

Dr J C Vashista (Expert) 29 October 2022
Provisions of Limitation Act, 1963 apply to each case, same may be referred.

Advocate Bhartesh goyal (Expert) 29 October 2022
No, vendors claim is time barred can not initiate legal proceedings for recovery.

Querist : Anonymous (Querist) 29 October 2022
Thank you very much this helps

R.K Nanda (Expert) 29 October 2022
limitation time is 3 years and thus claim of vendor is time barred.

Querist : Anonymous (Querist) 29 October 2022
Thank you very much

Dr J C Vashista (Expert) 30 October 2022
4 years old claim is not maintainable being barred by limitation ( 3 years)

P. Venu (Expert) 01 November 2022
You have not posted the material facts.

Sri Vijayan.A (Expert) 03 November 2022
Any claim is time barred.
However, your question lacks the facts.

What was the good?
what are the terms of slae?
There is no material fact, so the question cannot be understood.

Querist : Anonymous (Querist) 05 November 2022
Thank you all for valuable inputs

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