Easy Office
LCI Learning

Time barred debt

This query is : Open 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 February 2014 I have given Rs. 2 crore as a loan to Mr. X.
Whithin how many period i can claim this debt before it time barred ?
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
13 February 2014 it depends on the terms and condition of any agreement made on legal paper and accordingly INDIAN CONTRACT ACT will be goevrnng it.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 February 2014 Sir,
If i not made any agreement then can i claim it ?
Upgrade to CAclubindia Pro. Subscribe Now!

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 February 2014 Sir,
If i not made any agreement then can i claim it ?
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
13 February 2014 in that case i think then you need to confirm with a practicing advocate and i think it is for 3 years bt i am not sure so pls seel legal help in this case.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 February 2014 Ok Thanks sir

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links