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NSR MURTY (Assistant)     19 March 2015

Promisory note

Sir/Madam,

Any Limit of Amount for Promisory Note.....????? i.s., could a Promisory Note be taken for any amount or there is any limit for amount which should not exceed. If the amount Owe is more than Rs. 30,00,000/- from an individual, can I take a Promisory Note or what shall I do. Please advise and suggest me.



Learning

 1 Replies

saravanan s (legal advisor)     19 March 2015

there is no limit for the amount


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