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Law · Q409

Limitation Act

Graduate and Post Graduate · Law · question 409

Q409

Before expiry of period of limitation, 'A' has acknowledged in writing the amount due as debt from 'B' and has promised to pay. What is the effect of such an acknowledgement?

A.
No effect on period of limitation
B.
Fresh period of limitation will start from date of such an acknowledgement
Answer
C.
Period of limitation will be extended for six months
D.
Period of limitation will not be applicable

Answer: Option B

Solution

Answer: Option B
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