About this document
Key Points of Limitation Act 1963 by ganesh n is a document available to read on EtoBox.
The Limitation Act of 1963 establishes time limits for filing legal actions to prevent stale claims and encourage diligence. It does not create rights but bars remedies, with specific periods for various types of suits, such as 3 years for banking suits and up to 30 years for property-related cases. Key provisions include the ability to extend limitation periods through written acknowledgments of debt and part payments made before the expiry of the limitation.
- Author
- ganesh n
- Language
- EN