Before expiry of period of limitation, 'A' has acknowledged in writing the amount due as debt from 'B' and has promised to pay. What is the effect of such an acknowledgement?
A. No effect on period of limitation
B. Fresh period of limitation will start from date of such an acknowledgement
C. Period of limitation will be extended for six months
D. Period of limitation will not be applicable
Answer: Option B
This Question Belongs to Law >> Limitation Act
Tort' in the Limitation Act, 1963 includes which of following?
A. Civil wrong, which is exclusively the breach of a contract or the breach of trust
B. Judicial wrong, which is not exclusively the breach of a contract or the breach of trust
C. Civil wrong, which is not exclusively the breach of a contract or the breach of trust
D. None of these
A. 1 year
B. 2 years
C. 3 years
D. No limitation
What is the period of limitation for filing a suit under Article 113 of the Limitation Act?
A. 5 years
B. 6 months
C. 3 years
D. 6 years
A. 22
B. 24
C. 26
D. 27
E. None of the above
Join The Discussion