promissory note case filed
2 years ago
Sir, I have taken loan amount of Rs 1,20,000/- by keeping blank promissory note and cheque in 2013 from local financier (not registered), witnessed by my friend and his party. In 2018 he filed a complaint OS in civil court and filled the promissory note with Rs 3,50,000/- with Rs 2/- interest rate. promissory note date is written 2016. Now case proceedings are running and I am trying to negotiate with him for paying the principle amount plus Rs 1,00,000/- but he is asking to pay 4,50,000/- for withdrawal the case. Pls advise.
A.Dear client,
It is important to know at what stage the proceedings are in. If it is in the beginning stage, then you can convenience through your lawyer for a settlement on the basis of interest.
Thank you. Have a nice day.
It is important to know at what stage the proceedings are in. If it is in the beginning stage, then you can convenience through your lawyer for a settlement on the basis of interest.
Thank you. Have a nice day.
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Advocate Sinjari Bandyopadhyaya
Responded 2 years ago
A.As litigation is pending in this regard so to give opinion it is necessary to scrutinize the pleadings of that matter to analyze the merits and demerits of the matter as a whole in the context of the documents filed for adducing evidence.
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