What is the time limit for recovery suit?
I had given a loan of 300000 in Oct'22 but can't returned back the amount. If recovery proceedings start in current month, how long it will take?
1 Answer
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Advocate By LEAD INDIA
Answered: 13 Nov 2023
Recovery proceedings can take anywhere from a few months to several years to complete. If the debtor is cooperative and willing to repay the debt, the process may be relatively quick. For further enquiry contact us helpline number.
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