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I have bought shares of xyz co. 20 years back from a sub-broker. Which were never delivered to me. H


21-Mar-2023 (In Recovery Law)
I have bought shares of xyz co. 20 years back from a sub-broker. Which were never delivered to me. He gave me manual bill stating amount is due to him. I gave him cash but i don't have any cash payment proof. He refused on ground of cash was never paid. How can I claim my shares. Is this transaction barred from limitation act. If so what is the limitation period for this case. Give me practically possible solution.
Answers (1)

Answer #1
986 votes
Well, you cannot pursue this legal case, since limitation period has already been expired to file a Civil Case of Money Recovery and a Criminal Case of either Cheating or Criminal Breach of Trust. Thus, unfortunately, you don't have any options to recover money paid you ib cash to get your shares.
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