https://www.taxtmi.com/caselaws?id=373560 The principal recovery claim was barred by limitation because the suit was filed more than three years after the invoices fell due, and dishonoured cheques did not extend limitation under the binding Bombay High Court precedent. However, the claim on the four dishonoured cheques remained within limitation, the statutory presumption of consideration applied and was not rebutted, and the plaintiff was entitled to lesser relief even though the full claim failed. Relief was therefore confined to the cheque amount with reasonable interest, while the bar against the principal claim was maintained. en-us Thu, 20 Dec 2018 00:00:00 +0530 Wed, 16 Jan 2019 09:19:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373560 The principal recovery claim was barred by limitation because the suit was filed more than three years after the invoices fell due, and dishonoured cheques did not extend limitation under the binding Bombay High Court precedent. However, the claim on the four dishonoured cheques remained within limitation, the statutory presumption of consideration applied and was not rebutted, and the plaintiff was entitled to lesser relief even though the full claim failed. Relief was therefore confined to the cheque amount with reasonable interest, while the bar against the principal claim was maintained. Case-Laws Indian Laws Thu, 20 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373560