In dishonored of cheque which is fastest and safest way to recover Money from dead person legal heirs?
nauman pathan 13 November 2018
In dishonored of cheque which is fastest and safest way to recover Money from dead person legal heirs?
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 14 November 2018
One of the quickest and most economical methods for recovering money is to choose an out-of-court settlement, for example, mediation, arbitration or conciliation gave that the other party is likewise eager to settle in this way. On the off chance that the matter is referred to an arbitrator, the latter hears both the parties and passes an award authoritative on both. The award must be advanced on three grounds. One, on the off chance that it is invalid, two, if the defendant is not given satisfactory time to present the case, and three, in the event that he was not informed about the appointment of arbitrator . Indeed, if a proposition by an inter ministerial group set up a year ago to investigate approach and authoritative changes to handle the vast number of pending cases is acknowledged, then the cases of dishonored cheques will must be chosen just through mediation or arbitration, assuagement/conciliation or settlement by lok adalats.
Hence in order to summarize all the sections for lucid understanding here’s given the simple understanding which is:
Shashi Dhara 14 November 2018