https://www.taxtmi.com/caselaws?id=300240 Limitation for a price-of-goods claim runs from the date of delivery where no fixed credit period is proved, so invoice claims raised after three years were time-barred. Cheques issued towards the debt gave rise to a fresh cause of action, and only cheque-based claims falling within three years of the suit survived limitation. An authorised signatory who signed cheques without disclosing that he acted only in a representative capacity incurred personal liability on the instruments. The suit was therefore maintainable only to the extent of the cheque amounts found within time, with interest granted as directed by the Court. en-us Thu, 11 Dec 2008 00:00:00 +0530 Tue, 18 Jan 2022 18:54:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300240 Limitation for a price-of-goods claim runs from the date of delivery where no fixed credit period is proved, so invoice claims raised after three years were time-barred. Cheques issued towards the debt gave rise to a fresh cause of action, and only cheque-based claims falling within three years of the suit survived limitation. An authorised signatory who signed cheques without disclosing that he acted only in a representative capacity incurred personal liability on the instruments. The suit was therefore maintainable only to the extent of the cheque amounts found within time, with interest granted as directed by the Court. Case-Laws Indian Laws Thu, 11 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300240