sureity

Querist : Anonymous (Querist) 26 November 2009 This query is : Resolved
Someone had given me a blank signed Stamp paper as sureity against a loan that I had extended. I want to check if this holds any strength if I need to initiate legal proceedings to recover my loan. Thanks

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A V Vishal (Expert) 27 November 2009
If the doc is blank it can always be disputed in future.

adv. rajeev ( rajoo ) (Expert) 27 November 2009
Legal proceedings can be initiated, consult your advocate he will guide you how to use it.

prakash vathore (Expert) 27 November 2009
no my dear blank document doest hold much water, insted of that u can make a promisory note on that paper or on simple paper.

Sachin Bhatia (Expert) 27 November 2009
Legal proceedings can be initiated

Khaleel Ahmed Mohammed (Expert) 03 December 2009
Consult with your local lawyer.

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