https://www.taxtmi.com/caselaws?id=272830 A suit on an administration bond assigned under Section 292 of the Indian Succession Act was held to fall within Article 68 of the Limitation Act, 1908, which gives three years from breach of the bond's condition. An assignee under Section 292 acquires only the right to sue on the existing bond; the assignment does not create a fresh cause of action or postpone limitation. Limitation began at the latest on the death of the administratrix, when the condition was broken, not on the plaintiff's attainment of majority or on assignment. The suit, brought after that period, was time-barred. en-us Tue, 17 Sep 1940 00:00:00 +0530 Sat, 19 May 2018 16:49:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272830 A suit on an administration bond assigned under Section 292 of the Indian Succession Act was held to fall within Article 68 of the Limitation Act, 1908, which gives three years from breach of the bond's condition. An assignee under Section 292 acquires only the right to sue on the existing bond; the assignment does not create a fresh cause of action or postpone limitation. Limitation began at the latest on the death of the administratrix, when the condition was broken, not on the plaintiff's attainment of majority or on assignment. The suit, brought after that period, was time-barred. Case-Laws Indian Laws Tue, 17 Sep 1940 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272830