Case law - genuiness of loan

[Manoj Kumar]

In case of loan, what should be the proper contents of affidavit or confirmation given by person who has given the loan so that geniunes of the loan can be established. any case law reference will be appreciated

AI Summary

Affidavits for Loan Genuineness: Include facts, source of income, and financial docs; no length requirement. A user inquired about the necessary contents of an affidavit or confirmation to establish the genuineness of a loan, seeking case law references. The response advised that an affidavit or confirmation should truthfully state the facts and circumstances to the best of the deponent's belief. It should include relevant details about the loan, such as the source of income, which can be demonstrated through income tax returns or other financial documentation. The response also noted that there is no specific length requirement for such documents.