https://www.taxtmi.com/caselaws?id=300236 Dishonoured cheques issued toward discharge of liability were treated as giving rise to a fresh cause of action, so the recovery suit was not barred by limitation. The court also accepted a written acknowledgment in the defendant's handwriting as supporting limitation. On interest, it held that statutory interest could be awarded on negotiable instruments even without an express agreement for interest, and any prior arrangement against interest did not negate the legal consequence after dishonour. The appeal therefore failed on both limitation and interest, and the decree for the plaintiff was sustained. en-us Thu, 09 Jan 2003 00:00:00 +0530 Tue, 18 Jan 2022 12:21:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300236 Dishonoured cheques issued toward discharge of liability were treated as giving rise to a fresh cause of action, so the recovery suit was not barred by limitation. The court also accepted a written acknowledgment in the defendant's handwriting as supporting limitation. On interest, it held that statutory interest could be awarded on negotiable instruments even without an express agreement for interest, and any prior arrangement against interest did not negate the legal consequence after dishonour. The appeal therefore failed on both limitation and interest, and the decree for the plaintiff was sustained. Case-Laws Indian Laws Thu, 09 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300236