recovery suit

rajan chopra (Querist) 13 January 2015 This query is : Resolved
SIR B RECEIVED MONEY FROM A IN JANUARY AS FRIENDLY LOAN AND ISSUED POST DATED CHEQUE OF JULY WHICH BOUNCED ON PRESENTATION. B ASSURED A FOR REPAYMENT BUT FAILED. NOW A WANTS TO FILE RECOVERY SUIT. WHEN PERIOD OF LIMITATION WILL START FROM JANUARY OR JULY?

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Devajyoti Barman (Expert) 14 January 2015
From July the limitation will start.

Advocate Bhartesh goyal (Expert) 14 January 2015
Limitation period will start from July

ajay sethi (Expert) 14 January 2015
it will start from july . issue legal notice and file summary suit as soon as possible

Rajendra K Goyal (Expert) 14 January 2015
Agree with the experts.

rajan chopra (Querist) 14 January 2015
Sir IS LEGAL NOTICE TO BE ISSUED IS COMPLOUSERY BEFORE FILING A SUMMARY SUIT?

V R SHROFF (Expert) 14 January 2015
BETTER: ISSUE LEGAL NOTICE DEMANDING YOUR MONEY, AND ATTACH WITH YOUR COURT CASE FOR RECOVERY.

R.K Nanda (Expert) 14 January 2015
no more to add.

SAINATH DEVALLA (Expert) 14 January 2015
As suggested above

Dr J C Vashista (Expert) 14 January 2015
I agree with experts, nothing more to add.

T. Kalaiselvan, Advocate (Expert) 18 January 2015
Issue the mandatory legal demand notice based on the bounced cheque and then go for money recovery suit.

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