Civil Procedure Code (CPC)

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Ketan (Finance Consultant)     23 July 2021

Loan agreement procedure ?

Hi,

I am looking to understand the loan agreement procedure, more specifically,

in this covid times, does it needs both lender and borrower to go to court or to a notary office for getting the loan agreement made ?

Or is there a way to get this signed at home in front of a witness or make the agreement online? The parties are senior citizens and hence wants to avoid having to go to court.

Kindly suggest.



 1 Replies

Dr J C Vashista (Lawyer)     24 July 2021

The agreement should be registered with sub-registrar, although it is optional. 


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