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Vibhav   23 August 2024

Is there a cause of action based upon the specific relief act for fraud to recover economic loss?

Is there a cause of action based upon the Specific Relief Act for fraud to recover economic loss? I know there is one in Contract Act to void a contract but voiding a contract does not provide recovery of losses. I am trying to figure out what is the law to recover losses for fraud.

 



Learning

 1 Replies

T. Kalaiselvan, Advocate (Advocate)     23 August 2024

First of all ascertain the reasons for the losses you suffered, if it is due to the fraudulent acts  of the other person then you can lodge a criminal complaint against him/her and also pursue the matter through civil law by filing a money recovery suit based on the evidences in your possession.

you may consult a local advocate in person and take his advise on proceeding in this matter


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