Stamp for promissory note

Vijay (Querist) 02 December 2011 This query is : Open
Dear Sir,
I have lend money of Rs.1 Lakh on promissory note my Qstion is.
1)what the stamp to be affixed in Maharashtra State ?
2)whether the amount of Rs.1 Lakh can be lent in cash on the basis of promissory note?
3)Are Witnesses are required in P.Note?
4)How much money can be lent on the promissory note?
I have taken Cheque of Rs.1 Lakh as additional security now he is defaulter can the above documents would be sufficient.there is also above entry in my books of account.

Follow Query

Report Abuse

Previous

Next

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

Click here to login now