https://www.taxtmi.com/caselaws?id=300632 A khata entry acknowledging liability may support a suit where, on its wording and the surrounding dealings, it reflects a bilateral arrangement with an implied promise to pay; a mere limitation-saving acknowledgment does not by itself create a fresh cause of action. The document here was treated as sufficient to found the claim because it recorded a balance struck between the parties and indicated payment was due. Interest was not recoverable in the absence of a contractual stipulation or proved usage, so recovery was confined to the principal amount. The contrary view noted that an acknowledgment only extends limitation and cannot itself be sued upon. en-us Mon, 26 Aug 1968 00:00:00 +0530 Wed, 16 Feb 2022 15:16:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300632 A khata entry acknowledging liability may support a suit where, on its wording and the surrounding dealings, it reflects a bilateral arrangement with an implied promise to pay; a mere limitation-saving acknowledgment does not by itself create a fresh cause of action. The document here was treated as sufficient to found the claim because it recorded a balance struck between the parties and indicated payment was due. Interest was not recoverable in the absence of a contractual stipulation or proved usage, so recovery was confined to the principal amount. The contrary view noted that an acknowledgment only extends limitation and cannot itself be sued upon. Case-Laws Indian Laws Mon, 26 Aug 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300632