Is promissory note valid if there is no date on it?


I gave some money to my friend twice. He issued promissory noted for both the payments.

Some of the interest amount was paid but rest is still remaining. He also threatens me if i ask for my money.

My doubt is whether promissory notes are valid in court if i wish to recover the money? and if there is no date on the promissory note will make it any difference in my case?

Answer


As per the given facts, our understanding of the given situation is that, 

your friend is not paying you the amount due and is also threatening you as well.

Now regarding your query,

Promissory note are a valid instrument in the court of law to claim your amount.

Date is basically given in the promissory note but if there is no date on the promissory note then we need to check the promissory note to clarify things for you,

Basically a promissory note's date is not material unless the amount is made
payable at a certain time after date.

So if in your promissory note is it stated that your friend will pay you the amount after a certain date then the instruments date is not very essential. 
 


Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

Popular Recovery Lawyers

Advocate Rajesh Rai
Sector-19, Dwarka, Delhi
19 years Experience
Advocate Sunil Kumar Bakshi
Sector-16, Faridabad
32 years Experience
Advocate Saifuddin Saifee
Maharani Road, Indore
18 years Experience
Advocate J. P. Rinwa
Swej Farm, Sodala, Jaipur
18 years Experience

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 Recovery Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or contact a Lawyer of your choice to address your query in detail.


Related Articles


"LawRato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

Similar questions

Hi, I have vacated a 3BHK in Noida sec 21. The broker was supposed to return me the security money but since 4 months he is ignoring our calls and not…

Read More

A taken a loan from B RS 1 lks in cash and signed blank promote paper after that a paid the loan along with interest but B refused to give the blank p…

Read More

what is the law for bouncing of cheques and does the activity starts in 2 months ?…

Read More

Hi, I have given 1.6lac money to a person , i have a promising not sign for the same. and now he is absconding. Although his number is still working…

Read More