An interpleader suit is a suit where the real dispute is between defendants and they plead with each other rather than against the plaintiff. If two or more people claim a debt, money, or property belonging to them, a third party who does not claim interest except for charges can institute an interpleader suit against all claimants. The purpose is to obtain a decision on who should receive payment or delivery and obtain indemnity for themselves. For a suit to be filed, there must be a dispute over a debt, money, or property, adverse claims by two or more people, and no other pending suit that can determine the rights of claimants.
An interpleader suit is a suit where the real dispute is between defendants and they plead with each other rather than against the plaintiff. If two or more people claim a debt, money, or property belonging to them, a third party who does not claim interest except for charges can institute an interpleader suit against all claimants. The purpose is to obtain a decision on who should receive payment or delivery and obtain indemnity for themselves. For a suit to be filed, there must be a dispute over a debt, money, or property, adverse claims by two or more people, and no other pending suit that can determine the rights of claimants.
An interpleader suit is a suit where the real dispute is between defendants and they plead with each other rather than against the plaintiff. If two or more people claim a debt, money, or property belonging to them, a third party who does not claim interest except for charges can institute an interpleader suit against all claimants. The purpose is to obtain a decision on who should receive payment or delivery and obtain indemnity for themselves. For a suit to be filed, there must be a dispute over a debt, money, or property, adverse claims by two or more people, and no other pending suit that can determine the rights of claimants.
The meaning of the term inter pleader suit is a suit in which
the real dispute is between the defendants only and the defendants interplead The defendant interplead means the defendant pleads with each other rather than pleading against the plaintiff as in an ordinary suit. ACCORDING TO SECTION 88 If two or more persons claim a particular ; A) Debt B) Sum of money C) Movable property D) Immovable property belonging to them and the 3rd person does not claim any interest in the property except for the charge or cost and is ready to pay or deliver it to the rightful claimant, Then such 3rd person may institute an inter pleader suit against all the claimant Such suit can be instituted for the purpose of A) Obtaining the decision as the person to whom the payment or delivery of the property shall be made B) Obtaining indemnity for himself CONDITION: a) There must be a dispute respect of any debt, sum of money or other property either movable or immovable b) There must be a adverse claim of 2 or more person against each other c) The person from whom debt, sum of money or other property either movable or immovable must not have any kind interest d) No suit must be pending wherein the rights of all the claimants can be properly determined