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Receipt
I, X, have received Rs.30,000/- without any interest on dated March 2007 from Y. I will return this amount to Y in Feburary 2009. This loan is a friendly loan without any interest.
This receipt has been written in front of witnesses for the purpose of record and may be used in future if necessary
Signed by borrower on Rs 1 STAMP
Witnesses:
1. Signed
2.Signed
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Above is translated from Hindi to English
My question is in respect of Order 37 CPC.
Whether suit for recovery under O.37 may be instituted solely on the basis of aforesaid receipt?
If yes, then whether the receipt is to be treated as promissory note or bond or something else according to Rule 1 Order 37?
