Legal Question in Credit and Debt Law in India

01.01.2013

on demand mr x promise to pay to mr y or order the sum of rs.100/- (rupees one hundred only) at any places in indian union.

(signature of mr x)

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thanks for previous reply

according to the agreement please note that mr x inherits a building from his father (as per will). he kept nothing by his own income to the legal heirs.can mr y ask the legal heirs of mr x to sell the building in order to settle the debts by mr x after his death.?


Asked on 5/11/13, 12:02 am

2 Answers from Attorneys

Fca Prashant Chavan Expert Edge LLP

11.05.2013

Dear Sir / Madam,

Mr. Y will have to first prove in Court that the debt of deceased Mr. X are still unpaid, for the Court to issue orders calling upon the legal heirs of Mr. X to settle the debt.

Regards,

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Answered on 5/11/13, 4:00 am
Jayesh Desai Jayesh Desai

More facts needed - when was the debt taken, and when was it to be repaid? How many years have lapsed? Whether it has become barred by law of limitation or not? etc.

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Answered on 5/13/13, 7:08 am


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