Recovery under 101
prasanna
(Querist) 29 February 2020
This query is : Resolved
We have received the recovery cetificate under 101 and now the defaulter is ready for 50% payment and go fo appeal and bring a stay order against the recovery
Is it possible ?
Raj Kumar Makkad
(Expert) 01 March 2020
Everything is possible especially when we have no facts before us to apply our mind.
P. Venu
(Expert) 02 March 2020
What is 101? Please post the material facts.
Dr J C Vashista
(Expert) 08 March 2020
Vague information, rather no facts posted for consideration and oblige.
Dr J C Vashista
(Expert) 08 March 2020
Who has issued recovery certificate ?
What do you intend to convey from 101 ?
It is better to consult a local prudent lawyer for appreciation of facts/documents, professional guidance and necessary proceeding.
Raj Kumar Makkad
(Expert) 08 March 2020
Author is conversant only about 101 and silent after posting this digit just for our imagination.
T. Kalaiselvan, Advocate
(Expert) 20 March 2020
If the judgment debtor is ready to deposit 50% of the decree amount then he can very well seek a stay of further proceedings in the trial court including the proposed execution petition to execute the judgment passed by the trial court.