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Ghazala Rahman (advocate)     22 February 2020

Stuck up loan

Helo Sirs.
Can a loan of Rs 100000 be demanded with in 4 years through court. No documation available of loan liablity.


Learning

 2 Replies

Adv Haresh Raichura (Advocate on Record)     22 February 2020

1) within Three years from date of refusal to repay loan or within three years from date of acknowledgement of debt

2) Even if no document of is available, there can be oral evidence of loan, witnesses of loan + contemporary documents like account books etc can help

Ghazala Rahman (advocate)     22 February 2020

I am so much thankful Sir Raichura .

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