Tag Archives: LIMITATION ACT

Schedule of Periods of Limitation as per Limitation Act 1963

By | October 19, 2016

 LIMITATION ACT, 1963 SCHEDULE PERIODS OF LIMITATION [See sections 2(j) and 3] FIRST DIVISION SUITS   Description of suits Period of limitation Time from which period begins to run   PART I – SUITS RELATING TO ACCOUNTS 1. For the balance due on a mutual, open and current account, where there have been recipro­cal demands… Read More »