https://www.taxtmi.com/caselaws?id=309958 A mere acknowledgment does not, by itself, create an enforceable contractual promise or save a time-barred claim unless it satisfies the requirements of a written and signed promise to pay a debt otherwise enforceable but for limitation. The Court rejected the attempt to treat the document as an independent account stated or as a valid contract unsupported by consideration. It also held that novation and a fresh plea based on an alleged unproduced letter could not be raised for the first time in second appeal, as no proper foundation existed in the pleadings or evidence. The lower appellate decree was therefore set aside and the suit dismissed. en-us Tue, 08 Oct 1940 00:00:00 +0530 Thu, 28 Sep 2023 12:12:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309958 A mere acknowledgment does not, by itself, create an enforceable contractual promise or save a time-barred claim unless it satisfies the requirements of a written and signed promise to pay a debt otherwise enforceable but for limitation. The Court rejected the attempt to treat the document as an independent account stated or as a valid contract unsupported by consideration. It also held that novation and a fresh plea based on an alleged unproduced letter could not be raised for the first time in second appeal, as no proper foundation existed in the pleadings or evidence. The lower appellate decree was therefore set aside and the suit dismissed. Case-Laws Indian Laws Tue, 08 Oct 1940 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309958