Dear all,
What is the time limit for raising the last invoice under the limitation act?
Generally, suit for recovery has its limitation upto 3 years from the cause of action (last invoice).Although date of last invoice is the date counted for calculating limitation, yet, what will happen if the transaction took place on 3.3.2009, invoice was raised late on around 3.3.2013. How will limitation be calculated then?
Please provide precedent
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