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N.Damodaram Naidu (Head Master)     27 September 2013

Legally enforceable debt

Dear sirs,

What is the meaning of legally enforceable debt? Is a hand loan without any documentary evidence a legally enforceable debt?


 3 Replies

santhosh.g. (advocate)     28 September 2013

 legally enforceable dept is  a dept enforceable by law that is the dept which is not forbidden by the law and it is within the period of limitation as per the limitation act. a hand loan with in the period of limitation is a legally enforceable dept. there is no need of further evidence regarding the existance of dept except the cheque issued. cheque issued is a valid document and to rebutt the existance of  legally  enforciable dept the accused have to produce the documents or proof for.

Sudhir Kumar, Advocate (Advocate)     29 September 2013


Sudhir Kumar, Advocate (Advocate)     29 September 2013

also repeated

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