Ahmed Abbas

An "A" individual / Company by mistake transfers/deposits some funds to another "B" company. "B" company, despite certain follow-up efforts with "A" Company to recall or claim back the wrong payment, remained unresponsive, and “A" company could not track the depositor information. In such cases, what is the time frame within which "A" Company is liable to retain in suspense? Can "A" company deny the claims of "B" company in the future, as it was written off by "A" company after a few months of tracking.

An "A" individual / Company by mistake transfers/deposits some funds to another "B" company. "B" company, despite certain follow-up efforts with "A" Company to recall or claim back the wrong payment, remained unresponsive, and “A" company could not track the depositor information. In such cases, what is the time frame within which "A" Company is liable to retain in suspense? Can "A" company deny the claims of "B" company in the future, as it was written off by "A" company after a few months of tracking.

An "A" individual / Company by mistake transfers/deposits some funds to another "B" company. "B" company, despite certain follow-up efforts with "A" Company to recall or claim back the wrong payment, remained unresponsive, and “A" company could not track the depositor information. In such cases, what is the time frame within which "A" Company is liable to retain in suspense? Can "A" company deny the claims of "B" company in the future, as it was written off by "A" company after a few months of tracking.

An "A" individual / Company by mistake transfers/deposits some funds to another "B" company. "B" company, despite certain follow-up efforts with "A" Company to recall or claim back the wrong payment, remained unresponsive, and “A" company could not track the depositor information. In such cases, what is the time frame within which "A" Company is liable to retain in suspense? Can "A" company deny the claims of "B" company in the future, as it was written off by "A" company after a few months of tracking.

An "A" individual / Company by mistake transfers/deposits some funds to another "B" company. "B" company, despite certain follow-up efforts with "A" Company to recall or claim back the wrong payment, remained unresponsive, and “A" company could not track the depositor information. In such cases, what is the time frame within which "A" Company is liable to retain in suspense? Can "A" company deny the claims of "B" company in the future, as it was written off by "A" company after a few months of tracking.