Questions › Part Payment by a member of CHS against his dues

Part Payment by a member of CHS against his dues

 RK Mutha on Aug 17, 2011
A member of a CHS is o/s dues of Rs. 100000/- which includes Rs. 45000/- interest. The menber pays Rs. 50,000/- as part payment. What should society do? Whether it is to be credited Rs. 45000/- towards interest and Rs. 5000/- towards principal or the total can be credited towards principal.
Answers Society & Culture


Post your Answer

    code

    Recently Discussed

    (5 minutes ago)
    Nikon India
    70-200 f/4g ed vr stolen
    (5 minutes ago)
    Maruti Suzuki India
    on not taking cognizance on his dealer t. r. sawhney for selling re-painted cars instead of the new one
    (6 minutes ago)
    Flipkart
    asus rog2
    (7 minutes ago)
    Gati-Kwe
    wrong update and no contact
    (12 minutes ago)
    Flipkart
    blocking issue with flipkart