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If we file for recovery of outstanding dues. what is the duration ?
28-Nov-2023 (In Recovery Law)
Would like an advise on recovery of due payment, we are msme and one of our client is not doing our overy due payment. If we file an case what would be expected timeline for judgement.
If we file the recovery suit under order 37 cpc then the time line is six months to one year.
But if we file the simple suit for recovery the the timeline is around three to four years approximately.
But if we file the simple suit for recovery the the timeline is around three to four years approximately.
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Adv. Sachin Sangwann
Delhi | 25+ Answers
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If every trasaction is proved by documents which shows admission on the part of defendant the procedure will be summary trial otherwise regular suit. Summary suits take less time than normal suit. But one can tell about exact time duration as it depends upon various factors i.e. Stricks, availabilty of judges, time tanken it service of process & adjournments on the part of either party.
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Adv. Rohini Kumar
Delhi | 100+ Answers
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