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    <title>2001 (3) TMI 1034 - Supreme Court</title>
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    <description>Article 535 of the Portuguese Civil Code was held not to govern limitation for a suit founded on a loan transaction and promissory note in Goa where the substantive cause of action arose under the Indian Contract Act and the Negotiable Instruments Act, both extended to the territory. Section 29(2) of the Limitation Act, 1963 saved local law only to the extent not excluded, and Article 535 was treated as procedural and inconsistent with the general limitation scheme. The Court held that the Limitation Act, 1963 applied, the contrary earlier view was overruled, and the suit was barred by limitation.</description>
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    <pubDate>Mon, 26 Mar 2001 00:00:00 +0530</pubDate>
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      <title>2001 (3) TMI 1034 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=182798</link>
      <description>Article 535 of the Portuguese Civil Code was held not to govern limitation for a suit founded on a loan transaction and promissory note in Goa where the substantive cause of action arose under the Indian Contract Act and the Negotiable Instruments Act, both extended to the territory. Section 29(2) of the Limitation Act, 1963 saved local law only to the extent not excluded, and Article 535 was treated as procedural and inconsistent with the general limitation scheme. The Court held that the Limitation Act, 1963 applied, the contrary earlier view was overruled, and the suit was barred by limitation.</description>
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      <pubDate>Mon, 26 Mar 2001 00:00:00 +0530</pubDate>
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