How to calculate limitation period of three years
mohamood khan
(Querist) 21 April 2018
This query is : Resolved
A person who is due to pay some amount, promises on 28 Feb 2000 to pay the due amount by 31 Mar 2001. What is that last date on which a recovery suit is to be filed if the payments are no made till 31 Mar 2001?
Advocate Bhartesh goyal
(Expert) 21 April 2018
Limitation to file suit for recovery of money is three years and would start from date of promise I.e 28 Feb 2000.
Dr J C Vashista
(Expert) 22 April 2018
Well analysed and advised by expert Mr. Bhartesh Goyal, I agree.