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    <title>1980 (11) TMI 175 - DELHI HIGH COURT</title>
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    <description>Section 25(3) of the Indian Contract Act, 1872 applies only where the debtor makes an express written and signed promise to pay a debt barred by limitation. Read with Section 9, the promise must be clear on the face of the writing; a mere acknowledgment of liability, or words from which a promise is only implied, is insufficient. An endorsement on a promissory note stating that the note was accepted and valid for the next three years did not contain an express undertaking to pay the time-barred debt. The endorsement therefore did not satisfy Section 25(3), and the plaintiff&#039;s suit was dismissed.</description>
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    <pubDate>Thu, 13 Nov 1980 00:00:00 +0530</pubDate>
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      <title>1980 (11) TMI 175 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=304252</link>
      <description>Section 25(3) of the Indian Contract Act, 1872 applies only where the debtor makes an express written and signed promise to pay a debt barred by limitation. Read with Section 9, the promise must be clear on the face of the writing; a mere acknowledgment of liability, or words from which a promise is only implied, is insufficient. An endorsement on a promissory note stating that the note was accepted and valid for the next three years did not contain an express undertaking to pay the time-barred debt. The endorsement therefore did not satisfy Section 25(3), and the plaintiff&#039;s suit was dismissed.</description>
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      <pubDate>Thu, 13 Nov 1980 00:00:00 +0530</pubDate>
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