Dishonor of Cheque - suit barred by limitation or not - ...

Case Laws Indian Laws

July 27, 2021

Dishonor of Cheque - suit barred by limitation or not - According to Section 19 of the Indian Limitation Act, when the defendant made payment on account of the cheque before the expiration of prescribed period, a fresh period of limitation shall be computed from the time when the payment was made. Therefore, it is clear that when the defendant issued four post dated cheques and thereby acknowledged the amount due to the plaintiff. The Limitation starts from the date of instrument irrespective of the fact that the defendant issued four post dated cheques. - HC

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Dishonor of Cheque - suit barred by limitation or not - ...

Case Laws Indian Laws

July 27, 2021

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