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Nitin Kumar Tripathi (None)     14 June 2010

Plzzzz provide me a solutions


Dear Sir
 
Here is Nitin. I want to know the solution of about Promissory Note.
 
I have a Promissory Note Value 2000 $. It's from Libya, a company where i was worked. They gave me this note for my Payment. It's about 24yrs ago ie. They gave me this note in 1984. Then I want to exchange it in Indian Rupees.
 
Please tell me how it can be. Let me know the solution & Suggetion for this.
 
A Immediate positive reply in my favour is highly appreciate from your side.
 
Thanks
 
Nitin


 2 Replies

sanjeev narula (advocate)     14 June 2010

promissory note 24years old time,    it is Time barred debt , No remedy 

Nitin Kumar Tripathi (None)     15 June 2010

Dear Sir,


Thank you for your quick responce. Actuelly it is not a debt. i was working in a libyan based construction company from 1980 to 1985 as a translator,  At the time of returning (i.e. Home country - India) they did not have more fund in their bank a/c.. so they gave this promissary note insted of payment & also given a experience certificate & said at any time you can take it from Nation Bank of Athens -( the banke of the company) on or behalf of the company. In 1994 i contacted to company throgh State bank of India but at that  time  company had no fumd in their bank -  they replied. So please provide a good positive solution that i can get back my payment. for more details i have attached the promissory note in PDF format, so please read carefully & provide the best solutions.

 

Thanking you


Nitin Kumar Tripathi


Attached File : 18 18 promissary note.pdf downloaded: 84 times

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