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M Ravinder Babu Advocate Parka (Querist) 23 February 2010 This query is : Resolved
A lend money from B AND SIGNED ON THE STAMPS PASTED TO IT ,but the name placed topsi turvy
Can the money suit file in the court for recovary? who canfile it?

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B K Raghavendra Rao (Expert) 23 February 2010
Do you mean signature was affixed from the opposite direction? If so, it is valid. It is the signature that matters.

M Ravinder Babu Advocate Parka (Querist) 23 February 2010
No.The signature is that of the peson who took the loan ,but the recitle that the money passed from lendor to the receiver is reversed

B K Raghavendra Rao (Expert) 24 February 2010
No. The person who has lent the money cannot file money recovery suit as he has signed in the place of receiver of money. The person who has lent the money, as per the stamp paper, can file money recovery suit. If such a gross mistake has happened and lendor becomes borrower, god only should save him.

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