Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

JUNEED AHMED (PA)     04 February 2015

Money suit

"A" ISSUED A CHEQUE TO "B" AFTER BORROWING  SOME AMOUNT AND INFORMED HIM NOT TO PRESENT THE CHEQUE AND THAT HE WILL REPAY THE AMOUNT IN DUE COURSE.  LATER, "A' DID NOT REPAY THE AMOUNT AND BELIEVING "A', WORDS, "B" DID NOT PRESENT THE CHEQUE.  IN THE MEAN TIME, LIMITATION TO PRESENT THE CHEQUE BEFORE THE BANK EXPIRED.  NOW, CAN "B" FILE A SUIT FOR RECOVERY OF MONEY BASING ON SUCH UNPRESENTED CHEQUE?  IF YES, WHAT IS THE LAW?



Learning

 1 Replies

Advocate Bhartesh goyal (advocate)     05 February 2015

Yes B can file suit for recovery of cheque amount under order 37 of CPC.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register