Nature of grievance

SUIT FOR MONEY PAYABLE BY THE DEFENDANT TO THE PLAINTIFF FOR MONEY RECEIVED BY THE DEFENDANT, FOR THE PLAINTIFF'S USE: Where a person, under a contract or otherwise, receives any money, for and on behalf of another person, under an obligation to use the said money for that another person’s direction or to forward the said money to the said another person, but refuses or neglects to do so - A Suit may be filed for the recovery of said money, within three years from the date when the said money was received, under Article 24 of the Indian Limitation Act, 1963