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I am lending money to brother should I take sign on stamp paper


23-Apr-2023 (In Documentation Law)

is there any value of a paper on which I signed saying that I will give some amount to my brother. paper is signed by some witnesses also. but it is not a stamp paper.

Answers (1)

Answer #1
242 votes

In case you have borrowed money from your brother you are bound to pay back the money, your brother can file a recovery suit against you and the paper signed by you that states that you will pay back the money can be used as evidence. 

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