Question
Arsalan and Bilal have some business and Bilal owed the following amounts to Arsalan with the start dates of the amounts. Assume today is 20-July-2018.
Arsalan and Bilal have some business and Bilal owed the following amounts to Arsalan with the start dates of the amounts. Assume today is 20-July-2018.
Date Rs. Remarks
02- Jan- 2014 415,000 Arsalan demands regularly.
14- July- 2015 250,000 Arsalan never asked about it
15-Aug-2015 800,000 Nil
21- Apr-2016 110,000 Nil
01-Feb-2017 50,000 Nil
Arslan received a cash amountof Rs. 15,00,000from Bilal today , Bilal did not mention how to apportion this amount.
Advise Mr.Arsalan what legal choice he has regarding the apportionment of this amount.
Your answer MUST be in the light of Contract Act 1872.
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