Legal Question in Banking Law in Pakistan
Is one memo on cheque is enough for recovery suit
Asked on 8/27/17, 11:41 am
2 Answers from Attorneys
Sheikh Mohammed Akram Nazir
Akram Nazir Law Chamber
what does the memo says.
recovery suit is maintainable against a debt not against a memo, although it is crucial at the evidence stage regarding an admittance of a debt by the defendant if there exist no other document to prove the loan (debt) liability.
Answered on 8/27/17, 1:56 pm
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