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SUIT BILL OF EXCHANGE PAYABLE AT SIGHT OR AFTER SIGHT BUT NOT AT FIXED TIME

Nature of grievance: Suit on a bill of exchange payable at sight, or after sight but not at a fixed time : For the recovery of money based on a bill of exchange payable at sight, or after sight but not at a fixed time – A Suit may be filed for the recovery of money, within three years from the date, when the Bill is presented, under Article 32 of the Indian Limitation Act, 1963. Reliefs prayed: (As may be appropriate and applicable to the facts of one’s case) a)      The Defendants be ordered and decreed to pay Rs.______, as per particulars of Claim, annexed to the Plaint ( Exhibit “____” ); b)      The Defendants be further ordered and decreed to pay interest on the Suit amount, @18% from the date of filing of Suit, till date of judgment; and further interest @18 / 12 / 6 % from the date of judgment till payment; c)      The Hon’ble Court be pleased to declare that ___________  (declaratio...

SUIT BILL OF EXCHANGE/ PROMISSORY NOTE PAYABLE FIXED TIME AFTER SIGHT OR DEMAND

Nature of grievance: Suit on a bill of exchange or promissory-note payable at a fixed time after sight or after demand : For the recovery of money based on a bill of exchange or promissory-note which is payable at a fixed time after sight or after demand – A Suit may be filed for the recovery of money, within three years from the date, when the fixed time after sight or demand expires, under Article 34 of the Indian Limitation Act, 1963. Reliefs prayed: (As may be appropriate and applicable to the facts of one’s case) a)      The Defendants be ordered and decreed to pay Rs.______, as per particulars of Claim, annexed to the Plaint ( Exhibit “____” ); b)      The Defendants be further ordered and decreed to pay interest on the Suit amount, @18% from the date of filing of Suit, till date of judgment; and further interest @18 / 12 / 6 % from the date of judgment till payment; c)      The Defendants...

SUIT BILL OF EXCHANGE ACCEPTED PAYABLE AT A PARTICULAR PLACE

Nature of grievance: Suit on a bill of exchange accepted payable at a particular place : For the recovery of money based on a bill of exchange accepted which is payable at a particular place – A Suit may be filed for the recovery of money, within three years from the date, when the bill is presented at that place, under Article 33 of the Indian Limitation Act, 1963. Reliefs prayed: (As may be appropriate and applicable to the facts of one’s case) a)      The Defendants be ordered and decreed to pay Rs.________, as per particulars of Claim, annexed to the Plaint ( Exhibit “____” ); b)      The Defendants be further ordered and decreed to pay interest on the Suit amount, @18% from the date of filing of Suit, till date of judgment; and further interest @18 / 12 / 6 % from the date of judgment till payment; c)      The Defendants be permanently injuncted from acting (permanently restrained from doin...