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    <title>1956 (3) TMI 55 - BOMBAY HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=300235</link>
    <description>A dishonoured cheque does not, by itself, amount to an acknowledgment of liability or part payment under the Limitation Act, 1908, so the claim on the original advance was barred by limitation. Recovery against the estate of a religious institution was also unavailable because the borrowing was not shown to have been made for legal necessity or for a purpose binding on the estate. However, the alternative claim on the dishonoured cheques accrued on issue and dishonour, was filed within three years, and could be enforced against defendants who had intermeddled with the deceased&#039;s assets and stood as executors de son tort. The appeal succeeded only on that limited cheque claim, with a decree for the amount and interest.</description>
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    <pubDate>Mon, 12 Mar 1956 00:00:00 +0530</pubDate>
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      <title>1956 (3) TMI 55 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=300235</link>
      <description>A dishonoured cheque does not, by itself, amount to an acknowledgment of liability or part payment under the Limitation Act, 1908, so the claim on the original advance was barred by limitation. Recovery against the estate of a religious institution was also unavailable because the borrowing was not shown to have been made for legal necessity or for a purpose binding on the estate. However, the alternative claim on the dishonoured cheques accrued on issue and dishonour, was filed within three years, and could be enforced against defendants who had intermeddled with the deceased&#039;s assets and stood as executors de son tort. The appeal succeeded only on that limited cheque claim, with a decree for the amount and interest.</description>
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      <pubDate>Mon, 12 Mar 1956 00:00:00 +0530</pubDate>
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