How to recover money with interest borrowed to a relative earlier
15-Mar-2023 (In Recovery Law)
I have given money to my relative since 2006. I was given my atm card for his needs and also given money by hand. He acted like loyal person and told to me, I will give you money with interest after my work over. When his work was completed, then he started to make distance with me. I have observed his behavior time to time and asked one day give my money with interest, then he replied show me evidence when you are given to me and i was stunned. How I will recover my money like this cheated guy
The Limitation for filing suit for recovery of money is 3 years.
Any acknowledgement of due and assurance to repay will give rise to fresh cause of action of 3 years.
The acknowledgment can be oral to be proved with the help of witnesses or in writing.
From the above facts your case is barred by limitation as per law and cannot be recovered by due process of law.
Any acknowledgement of due and assurance to repay will give rise to fresh cause of action of 3 years.
The acknowledgment can be oral to be proved with the help of witnesses or in writing.
From the above facts your case is barred by limitation as per law and cannot be recovered by due process of law.
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Recovery lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."