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Limitation Act Section 18 Extends Limitation Only for Acknowledged Debt: SC
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AdvertisementAiren And Associates Vs Sanmar Engineering Services Limited (Supreme Court of India) The Supreme Court considered whether M/s.
Airen and Associates was entitled to the benefit of the extended period of limitation under Section 18 of the Limitation Act, 1963 for its entire suit claim.
The appellant had undertaken work for the respondent and claimed to have completed it on 07.02.1991.
By notice dated 14.03.1992, it sought recovery of ₹3,07,115.85.
In reply dated 21.05.1992, the respondent disputed the claimed amount, stating that the total contract value was ₹1,55,223, that ₹1,00,000 had a...