https://www.taxtmi.com/caselaws?id=194976 A suit to recover the entire amount under an instalment bond falls under Article 75 of the Indian Limitation Act where the bond provides that default in one or more instalments makes the whole debt immediately due. Article 74 applies only to recovery of instalments as such, or amounts due for particular instalments after default. The creditor's right to sue for the full balance accrues on default of the last instalment, and a suit filed within three years from that date is within limitation. en-us Thu, 04 Jan 1962 00:00:00 +0530 Mon, 09 Oct 2017 17:41:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194976 A suit to recover the entire amount under an instalment bond falls under Article 75 of the Indian Limitation Act where the bond provides that default in one or more instalments makes the whole debt immediately due. Article 74 applies only to recovery of instalments as such, or amounts due for particular instalments after default. The creditor's right to sue for the full balance accrues on default of the last instalment, and a suit filed within three years from that date is within limitation. Case-Laws Indian Laws Thu, 04 Jan 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194976