https://www.taxtmi.com/caselaws?id=312621 A recovery suit based on 17 bills was held barred by limitation because it was filed well beyond the three-year period applicable to a money recovery action. The court found that extension under section 18 of the Limitation Act, 1963 required a written acknowledgment signed by the defendant within three years from when the amounts became due, and no such acknowledgment appeared on record. An alleged reference in execution proceedings could not revive limitation because it was outside the relevant three-year period. The plea of acknowledgment therefore failed, and the suit was treated as time-barred. en-us Tue, 29 May 2012 00:00:00 +0530 Wed, 28 Feb 2024 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312621 A recovery suit based on 17 bills was held barred by limitation because it was filed well beyond the three-year period applicable to a money recovery action. The court found that extension under section 18 of the Limitation Act, 1963 required a written acknowledgment signed by the defendant within three years from when the amounts became due, and no such acknowledgment appeared on record. An alleged reference in execution proceedings could not revive limitation because it was outside the relevant three-year period. The plea of acknowledgment therefore failed, and the suit was treated as time-barred. Case-Laws Indian Laws Tue, 29 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312621