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Oral agreement are valid or not?......

(Querist) 02 June 2012 This query is : Resolved 
Sir,Oral Agreement is how much effective in Court....? the matter is related with money...one person(A) give money to another one(B) with oral agreement that he should return his money within 3 months .but now (B)refusing to return money...and he threats (A) On the ground that oral agreements are not valid in court....so ,what should (A) DO in this case...sir ,plz suggest...
Adv.R.P.Chugh (Expert) 02 June 2012
1. Oral Agreements are valid.
2. Oral Agreements are very difficult to prove
Krishna Gopal (Querist) 02 June 2012
sir thanks,could u plz tell me what kind of step should A take....please sir..
adv. rajeev ( rajoo ) (Expert) 02 June 2012
without any documents you cannot prove your oral agreement. Oral agreement can be believed but very difficult to prove.
ajay sethi (Expert) 02 June 2012
you will need proof that such oral agreement was entered into . evidence of witness if any . difficult to prove
R.K Nanda (Expert) 02 June 2012
Without any documentary proof you cannot take any legal action.
Dr V. Nageswara Rao (Expert) 03 June 2012
1. We enter into many oral agreements daily and there is no problem whatsoeveras far as their VALIDITY is concerned.But PROOF of the oral agreement is a different matter.
2 Proof of your oral transction depends on
(a) Whether payment was made by cheque
(b) In the presence of somebody.
(c) If none of the above, it is impossible to prove.
V R SHROFF (Expert) 03 June 2012
You need to Prove it in Court, Otherwise Oral Agreement is equally valid. [ certain agreements need compulsory registration, and in those cases,it must be written on requisite stamp papers, e.g. immovable property sale deed.]
Devajyoti Barman (Expert) 03 June 2012
Yes it is valid and subject of proof.
Krishna Gopal (Querist) 03 June 2012
Thanks ,Experts,'A' have bank receipts ,Which Clearly Show's that Money was Given to 'B'by A.Now, is this is Evidence or not...plz help ...'A' Transfer Money On 'B' Name THROUGH Withdrawal Sleep.
ajay sethi (Expert) 03 June 2012
money could have been given by means of gift or laon . you will need evidence to show that money was towards loan , period of loan , interest rate if any .
J K Agrawal (Expert) 04 June 2012
Oral agreement is having full forces and Court will believe it certainly. You depose complete circumstances.
AA RAMAKRISHNAN (Expert) 04 June 2012
Oral agreements are valid and you have to prove it with substantial evidence. Evidence is to be aduced according to the nature of the case. In your case you can bring number of evidences and make a good case
RAJU O.F., (Expert) 04 June 2012
In the instant case oral contract of repayment of borrowed money would be valid provided you could prove the payment by records and the said contract through witnesses and circumstantial evidences.
Shonee Kapoor (Expert) 20 June 2012
Valid and subject to proof by witnesses.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com


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