https://www.taxtmi.com/caselaws?id=306115 A written promise made after limitation has expired to pay an admitted debt on the original terms is enforceable as an independent promise under Section 25(3) of the Indian Contract Act, rather than a mere acknowledgment under Section 18 of the Limitation Act. The text also states that, where the guarantee is continuing, the principal debtor's subsequent acknowledgment or promise binds the surety because the surety's liability is co-extensive with that of the principal debtor under Section 128. On that reasoning, the suit was treated as maintainable against the guarantor and the claim was held enforceable with interest and costs. en-us Tue, 03 Apr 2012 00:00:00 +0530 Wed, 11 Jan 2023 12:38:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306115 A written promise made after limitation has expired to pay an admitted debt on the original terms is enforceable as an independent promise under Section 25(3) of the Indian Contract Act, rather than a mere acknowledgment under Section 18 of the Limitation Act. The text also states that, where the guarantee is continuing, the principal debtor's subsequent acknowledgment or promise binds the surety because the surety's liability is co-extensive with that of the principal debtor under Section 128. On that reasoning, the suit was treated as maintainable against the guarantor and the claim was held enforceable with interest and costs. Case-Laws Indian Laws Tue, 03 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306115