Is it correct that a fresh period of limitation commences from the payment made on account of debt after the expiry of period of limitation?

A. No. The fresh period of limitation will only commence if the payment is made before the expiry of period of limitation but provided that the acknowledgement of payment only appears in a registered document

B. No. The fresh period of limitation will only commence if the payment is made before the expiry of period of limitation and provided acknowledgement of payment appears in handwriting of or in writing signed by the person making the payment

C. Yes. If the payment after expiry of limitation period is on account of debt and is accompanied by a court order condoning delay in making of payment after the expiry of period of limitation

D. None of the above

Answer: Option B