Limitation Act MCQ question and answer

For a suit to recover surplus collections received by the mortgagee after the mortgage has been satisfied, the period of limitation is

A) 12 years B) 30 years C) 1 year D) 3 years

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Answer & Solution

Answer: Option D

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If the property is lent for a fixed time or delivered as security for the repayment of a debt-

A) The person who lends the property or delivered as security is in mediate possession of it B) The person who lends the property or delivered as security is in immediate possession of it C) Both (A) and (B) D) None of these

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Answer: Option B

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Acknowledgement after the expiration of the period prescribed under the Indian Limitation Act, 1963, for a suit or application:

A) Is of no effect B) Gives rise to an independent & enforceable contract C) Is of great value D) None of the above

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Answer: Option A

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A suit to set aside a transfer of property made by the guardian of a ward, by the ward who has attained majority, can be filed within three years (Article 60(1) of the Schedule of the Limitation Act, 1963) from when the

A) Transfer of the property was made B) Person in possession is served notice C) Ward attains majority D) Person in possession refuses to hand over possession

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Answer & Solution

Answer: Option C

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Whether on a particular day, the court is open or closed within the meaning of section 4 of Limitation Act is a

A) Pure question of fact B) Pure question of law C) Mixed question of fact & law D) Either (B) or (C)

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Answer: Option A

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In the matters of condonation of delay under section 5, Limitation Act, 1963, public institutions like banks should

A) Be treated at par with private individuals B) Be treated at par with private institutions C) Be treated at par with corporate body D) Neither be treated at par with (A), nor (B), nor (C)

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Answer: Option D

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For invoking section 12(2), Limitation Act, 1963 which of the following is necessary?

A) To file a suit for judgment or order to an appropriate court B) To apply for the copy of judgment or order to an appropriate court C) Either (A) or (B) D) None of these

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Answer: Option B

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A' gave a loan of Rs. 1 lac to 'B' against a pronote which became due for payment on 1^st January, 2014. 'A' dies on 31^st December, 2013 leaving behind sole legal heir 'S', who was born on 1^st January, 2000. When would the period of limitation for filing a suit of recovery by 'S' shall begin to run?

A) 1^st January, 2018 B) 1^st January, 2017 C) 1^st January, 2014 D) 1^st January, 2015

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Answer: Option A

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Limitation Act MCQ question and answer | Law MCQ question