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Procedure to recover money through promissory note
08-Dec-2023 (In Civil Law)
Hlo sir I gave 25000 rs to the person By keeping their original bike RC and he didnt paid single rupee from last 2 years and i took his signature on promisory note also and i went to his address which mentioned on RC but they are vacant from their and now how can i get the amount Do need full
You can file suite in court of law for recovery of money basing on promissory note including interest.
You have to pay batta for issuing summons for his appearance before court, what mentioned in his RC.
For that address if he not received after 3 times of batta paid you have to give paper publication basing on that if he not come to court he will be ex-party and decree infavour of you.Once decree is passed the limitation is 12 years in mean while you have to trace out his address and file for execution.
You have to pay batta for issuing summons for his appearance before court, what mentioned in his RC.
For that address if he not received after 3 times of batta paid you have to give paper publication basing on that if he not come to court he will be ex-party and decree infavour of you.Once decree is passed the limitation is 12 years in mean while you have to trace out his address and file for execution.
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Adv. P V Reddy
Vijayawada | 100+ Answers
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What is the meaning of steps in court?
Steps refers to the stage in the case where the summons was not served on the respondent. The Petitioner must take the necessary steps to serve the summons by making an appropriate application to the court. 02-Feb-2021
What is the meaning of Batta in English?
India: Subsistence Money (as if for a prisoner or witness): Maintenance or travel expenses of an employee. 2. India : extra pay. Specially: An extra allowance for British officers, soldiers and other servicemen in India. batta.
What is Batta paid in court?
What is Battas compensation in court?
Firstly you trace his address. Thereafter issue legal notice through advocate calling upon him to pay the amount received from you. If he fails to do so, file suit for recovery amount before competent court of law.
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Adv. Ashwin Jaiswal
Hyderabad | 25+ Answers
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Bear in mind that the promissory note is valid for 3 months from the date of drawing the instrument(generally people do not put a date to overcome this limitation). If you have sufficient proof of payment of money, you can file a recovery suit alongwith interest.
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