A money recovery suit is a legal remedy available to recover the debt due to the defaulter. This…
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A money recovery suit is a legal remedy available to recover the debt due to the defaulter. This civil suit acts as an effective tool to recover money. It is generally in the nature of summary suit (Order 37, Code of Civil Procedure) which offers expeditious disposal of the suit as here the defendant is not entitled to defend as a matter of right but only after applying for leave of the court, he can defend. Apart from this, an ordinary civil suit under the Negotiable Instruments Act, 1881 can also be filed if the money was specifically borrowed via cheque or other bills of exchange instruments. Cheque bounce cases are also filed under the same Act.