https://www.taxtmi.com/caselaws?id=288005 The Appellant Bank, State Bank of India, filed a suit for recovery of a claimed amount, initially decreed in their favor by the Trial Court. The First Appellate Court had dismissed the suit as time-barred, but the higher court found that letters dated 18.11.2006 and 20.11.2006 constituted promises to pay, reviving the debt under Section 25(3) of the Indian Contract Act. The judgment dismissing the suit was set aside, and the Trial Court's decision in favor of the Bank was restored, allowing the appeal. en-us Mon, 02 May 2016 00:00:00 +0530 Thu, 14 May 2020 02:08:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288005 The Appellant Bank, State Bank of India, filed a suit for recovery of a claimed amount, initially decreed in their favor by the Trial Court. The First Appellate Court had dismissed the suit as time-barred, but the higher court found that letters dated 18.11.2006 and 20.11.2006 constituted promises to pay, reviving the debt under Section 25(3) of the Indian Contract Act. The judgment dismissing the suit was set aside, and the Trial Court's decision in favor of the Bank was restored, allowing the appeal. Case-Laws Indian Laws Mon, 02 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288005