https://www.taxtmi.com/caselaws?id=193703 A suit to enforce a continuing guarantee for a running overdraft account was held not barred by limitation, because time began to run from breach of the guarantee and not from each individual debit entry. The guarantor's written acknowledgments also supported the account remaining live. On quantum, the decree could stand only for the balance actually proved and claimed after excluding unsubstantiated debit items; the court held that the deducted items had to be removed from the amount sued for, with interest applied to the corrected balance. The appeal therefore succeeded only in part, with partial relief confined to the reduced recoverable sum. en-us Mon, 25 Sep 1978 00:00:00 +0530 Wed, 16 Aug 2017 11:44:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193703 A suit to enforce a continuing guarantee for a running overdraft account was held not barred by limitation, because time began to run from breach of the guarantee and not from each individual debit entry. The guarantor's written acknowledgments also supported the account remaining live. On quantum, the decree could stand only for the balance actually proved and claimed after excluding unsubstantiated debit items; the court held that the deducted items had to be removed from the amount sued for, with interest applied to the corrected balance. The appeal therefore succeeded only in part, with partial relief confined to the reduced recoverable sum. Case-Laws Indian Laws Mon, 25 Sep 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193703