90,000+ Legal Questions Answered
Wrongful transaction due to a technical glitch
6 years ago
If a wrongful transaction takes place due to a technical glitch, what is the timeframe in which the organization can issue legal notice to the beneficiary on denial of returning back the amount?
Deepak Yashwantrao Bade
Responded 5 years ago
A.dear client in your issue The timeline is Reasonable period which is not defined but ordinarily taken as 30 days.
Helpful
Helpful
Share
Ambrose Leo
Responded 6 years ago
A.When you know it is wrongful transaction, better to set it right quickly and clear the issue. Why to incur all legal,criminal and financial issues like, cost, delay payment charges,interest etc.,You can also consult a civil lawyer to guide & help you in this matter.
Helpful
Helpful
Share
NILANJAN CHATTERJEE
Responded 6 years ago
A.There is no time frame as such but it is expected after 30 days Lapse.
Helpful
Helpful
Share
Read Related Answers
Legal Query
Dear sir,
You can do as proposed at your risk. It seems you have perfected the law relating to above matter and if unfortunately anything happens just go to High court and get a stay order on such pro...
Finance name change
Dear Client,
A financier cannot take away the secured asset from the borrower who fails to repay his debt without an order from the Court. In the given situation, filing a complaint against the recov...
Demat account and equity share related
Dear sir,
You may get issue legal notice to give your money/dividend failing which you may go to civil court to get the same.
Nach charges
Dear Client,
You can connect with the bank to know the reason for deduction of NACH charges and solve the matter amicably. But, in case of inaction or unreasonable deductions by the bank, you can file...
Recovery of my fund against Fraud via share market in whatsup group
Dear Client,
send a legal notice to them through an advocate for offence of cheating under sec 416, 420 of IPC. make sure o=to have all evidences in form of proof like receipts, bills etc additionall...
Read Blogs on Financial Markets and Services
Financial Markets and Services Lawyers
Find Lawyers by Location
