https://www.taxtmi.com/caselaws?id=293138 An acknowledgment of liability made before the special limitation period for a minor expires can validly trigger a fresh period under Section 19, because the limitation scheme treats Sections 4 to 25 as operating with Section 6's disability period. The court also treated the contracting party as the joint Hindu family, not the individual karta, so liability could attach to family assets on the evidence of the business name and documents. Interest was upheld at 6 per cent, including pendente lite interest, because the partnership assets and monies had continued to be used after dissolution. The decree was affirmed in full. en-us Wed, 13 Apr 1949 00:00:00 +0530 Mon, 25 Jan 2021 16:36:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293138 An acknowledgment of liability made before the special limitation period for a minor expires can validly trigger a fresh period under Section 19, because the limitation scheme treats Sections 4 to 25 as operating with Section 6's disability period. The court also treated the contracting party as the joint Hindu family, not the individual karta, so liability could attach to family assets on the evidence of the business name and documents. Interest was upheld at 6 per cent, including pendente lite interest, because the partnership assets and monies had continued to be used after dissolution. The decree was affirmed in full. Case-Laws Indian Laws Wed, 13 Apr 1949 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293138