Promissory note

RAJAN SAMUEL (Querist) 09 December 2014 This query is : Resolved
Sir,
Against the dues receivable from one of my client, he issued promissory note . He is not settling the payment. How to file a suite and recover the money? Can we file the suite Civil or Criminal.

If possible , under which section ?

The client is at Mumbai and he executed the promissory note at my Poona Office . The promissory note is in Rs.100.00 non judicial stamp paper and the same is not either registered or notarized. What is the validity period of a promissory note?

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Guest (Expert) 09 December 2014
For A Speedy Remedy in a Polite Manner Get a Cheque From him on his Convenient date for all the Dues and Interest.Also Collect a cheque for Rs 500/- on current date just for a verification of his a/c.Once his Loan Refund cheque bounces Proceed for Remedy with the help of Good Local Advocate by filing Criminal Case.The Document which you are holding would Entitle you for a Civil Suit which would be Time Consuming.Consult a Local Good Advocate.

ajay sethi (Expert) 09 December 2014
you have to issue legal notice and file summary suit under Order XXXVII of CPC

ajay sethi (Expert) 09 December 2014
in Mumbai you get faster results by filing summary suit .

RAJAN SAMUEL (Querist) 09 December 2014
Can we file the summary suit at POONA where the Promissory note was executed

RAJAN SAMUEL (Querist) 09 December 2014
Sir,

We are having cheque also from him for the amount payable by him and the same is mentioned in the promissory note also.

One cheque was presented to the bank and the same is dis honored from the bank. Already filed Suit against 138. But the response is very poor.

What to do now ?

Guest (Expert) 09 December 2014
Consult a Local Good Senior Advocate and Proceed the Case

Devajyoti Barman (Expert) 09 December 2014
File recovery suit where the defendant resides.

Rajendra K Goyal (Expert) 09 December 2014
You can file summary suit as advised.

V R SHROFF (Expert) 09 December 2014
Fully support vies by Shri N.J.S.Rajkumar alias narasimha.

Advocate Bhartesh goyal (Expert) 09 December 2014
File summary suit at place where defendant resides.

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