ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -It is a simple, speedy, and informal method by which an individual appears before a judge of the district or municipal court, presents his or her claim, and explains why another person or business owes money to him or her. RSA Chapter 503 governs the small claims process.

Detailed explanation-2: -If You Are Suing: Small Claims or a Limited Civil? If you are an individual and want to file a lawsuit for $10, 000 or less, you have the option of filing a small claims case or a limited civil case. If you are a business, you can file in small claims court for $5, 000 or less.

Detailed explanation-3: -In general, claims are limited to disputes up to $5, 000. However, natural persons (individuals) can claim up to $10, 000. Corporations, partnerships, unincorporated associations, governmental bodies, and other legal entities cannot claim more than $5, 000.

Detailed explanation-4: -In Tennessee, the maximum amount you can sue for in small claims court is $25, 000.00 (but there is no limit in eviction suits or suits to recover personal property).

Detailed explanation-5: -The Court of Small Causes exercise powers under the Presidency Small Causes Courts Act, 1882. Tribunals for the trial of cases under the Motor Vehicles Act and for Rent Controllers for the City of Chennai also function from Small Causes Court.