https://www.taxtmi.com/caselaws?id=298993 Payments entered in a loan account can extend limitation where they are proved before expiry of the prescribed period, because Section 19 of the Limitation Act, 1963 gives a fresh period from the date of payment. A certified bank statement is admissible as prima facie evidence under the Banker's Books Evidence Act, 1891, and in a mutual, open and current account limitation runs from the close of the year in which the last admitted or proved item is entered. On the proved record, the last payment was made on 16-4-1996 and the suit was filed on 12-2-1997, so the claim was within limitation. en-us Mon, 19 Apr 2010 00:00:00 +0530 Tue, 30 Nov 2021 11:16:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298993 Payments entered in a loan account can extend limitation where they are proved before expiry of the prescribed period, because Section 19 of the Limitation Act, 1963 gives a fresh period from the date of payment. A certified bank statement is admissible as prima facie evidence under the Banker's Books Evidence Act, 1891, and in a mutual, open and current account limitation runs from the close of the year in which the last admitted or proved item is entered. On the proved record, the last payment was made on 16-4-1996 and the suit was filed on 12-2-1997, so the claim was within limitation. Case-Laws Indian Laws Mon, 19 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298993