Dear sirs,
What is the meaning of legally enforceable debt? Is a hand loan without any documentary evidence a legally enforceable debt?
N.Damodaram Naidu (Head Master) 27 September 2013
Dear sirs,
What is the meaning of legally enforceable debt? Is a hand loan without any documentary evidence a legally enforceable debt?
santhosh.g. (advocate) 28 September 2013
legally enforceable dept is a dept enforceable by law that is the dept which is not forbidden by the law and it is within the period of limitation as per the limitation act. a hand loan with in the period of limitation is a legally enforceable dept. there is no need of further evidence regarding the existance of dept except the cheque issued. cheque issued is a valid document and to rebutt the existance of legally enforciable dept the accused have to produce the documents or proof for.
Sudhir Kumar, Advocate (Advocate) 29 September 2013
repeated https://www.lawyersclubindia.com/forum/details.asp?mod_id=89503&offset=1#.UkeIu3_Qzmk
Sudhir Kumar, Advocate (Advocate) 29 September 2013
also repeated
https://www.lawyersclubindia.com/experts/guarantee-for-chit-amount-425886.asp