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Promissory note

(Querist) 23 January 2013 This query is : Resolved 
D/Sir,
Can a promiser mentioned the date, on or before which he has to pay to the promisee the Amount given to him? I want to stipulate definite time, i.e. on .... date or before 2 years from today, etc. is it possible, or i should resort to some other option than Prom.Note.
Thx & Regs.
Report Abuse
ajay sethi (Expert) 23 January 2013
it is your call . A promissory note can be either payable on demand or at a specific time.
R.K Nanda (Expert) 23 January 2013
state facts clearly to get proper reply.
Raj Kumar Makkad (Expert) 25 January 2013
It is surely possible if both parties are agree to terms as desired.

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