Damduppat

shrikant chede (Querist) 14 January 2010 This query is : Resolved
Respected sir ,
can u explain the concept of Damduppat

Follow Query

Report Abuse

niranjan (Expert) 14 January 2010
Interest should not exceed the principal,but after the suit this principal do not apply.

A V Vishal (Expert) 14 January 2010
The amount of principal together with the rate of interest cannot exceed double the principal, called damdupat. This rule was prevalent in ancient Hindu Courts. But it has lost its relevancy now.

Adinath@Avinash Patil (Expert) 15 January 2010
Interest should not be exceed principle amount. Principle of damdupat is not applicable in co-op Banks if loan is exceeds 1,00,000/-.

B.B.R.Goud. (Expert) 15 January 2010
sir

interest and principal amount together shall not exceed the double the principal amount, that too in the past.

one shall not force or compel anyperson who is small former against his debt under any circumstances.

present there is no such law.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Ask Query
Unanswered Queries