What's the difference between AOD and Revival letter?
Situation : Is acknowledgement of debt is a expressed promise and Revival letter is a implied promise?
What the difference between them?
Can AOD be termed as a valid document if executed within limitation period for surety and Revival letter be executed after time barred loan for borrower?
since two documents are executed for two different persons for two different periods it's validity can be justified i.e is it binding for both?
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It requires lot of home work but the Courts always neglect such minute issues. You may take the issue to the higher Court and favourable order.
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