https://www.taxtmi.com/caselaws?id=197735 An acknowledgment under Section 19 of the Limitation Act, 1908 must show a present subsisting liability and a conscious intention to admit the existing jural relationship between the parties. A mere admission of execution of a promissory note, without surrounding circumstances showing recognition of an outstanding debt, is only a statement of past fact and does not extend limitation. On the facts, the deposition relied on referred only to execution of the promissory note, with no material to convert it into an admission of liability. The suit therefore remained barred by limitation. en-us Thu, 22 Oct 1970 00:00:00 +0530 Sat, 13 Jan 2018 13:41:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197735 An acknowledgment under Section 19 of the Limitation Act, 1908 must show a present subsisting liability and a conscious intention to admit the existing jural relationship between the parties. A mere admission of execution of a promissory note, without surrounding circumstances showing recognition of an outstanding debt, is only a statement of past fact and does not extend limitation. On the facts, the deposition relied on referred only to execution of the promissory note, with no material to convert it into an admission of liability. The suit therefore remained barred by limitation. Case-Laws Indian Laws Thu, 22 Oct 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197735