https://www.taxtmi.com/caselaws?id=96696 A written acknowledgment of liability can save limitation even if the document is relied on only for a collateral purpose, and part payment may extend time where supported by the evidence. A debtor's acknowledgment need not state the exact amount due, so long as it is a signed written admission of liability. A formal defect in an application for a payment order does not invalidate the proceeding where authority to act is otherwise established. Presentment of a promissory note is not an absolute bar to liability where the note was in fact presented or where the negotiable instruments rules dispense with presentment in the circumstances. en-us Mon, 18 Nov 1935 00:00:00 +0530 Tue, 10 Jan 2012 13:27:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96696 A written acknowledgment of liability can save limitation even if the document is relied on only for a collateral purpose, and part payment may extend time where supported by the evidence. A debtor's acknowledgment need not state the exact amount due, so long as it is a signed written admission of liability. A formal defect in an application for a payment order does not invalidate the proceeding where authority to act is otherwise established. Presentment of a promissory note is not an absolute bar to liability where the note was in fact presented or where the negotiable instruments rules dispense with presentment in the circumstances. Case-Laws Companies Law Mon, 18 Nov 1935 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96696