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2012 (3) TMI 613

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..... parties although the matter is effective item No.10 on the Regular Board. It is 2.40 P.M. 2. The challenge by means of this Regular First Appeal (RFA) filed under Section 96 of Code of Civil Procedure, 1908 (CPC) is to the impugned judgment dated 22.11.2003 of the trial Court dismissing the suit filed by the appellant/plaintiff under Order 37 CPC for recovery of ₹ 3,49,000/- alongwith int .....

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..... s no substantial defence to raise in view of the promissory notes and receipts dated 22.4.1998 and 19.10.1998. The trial Court however dismissed the suit as barred by limitation by making the following observations:- 10. Now the question is about the right of plaintiff to judgment. During arguments on application for leave to defend. Ld. Counsel for respondent submitted that the present suit i .....

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..... ed period by the person liable to pay the debt or legacy or by his agent duly authorised in this behalf a fresh period of limitation shall be computed from the time when the payment was made. Provided that save in the case of payment of interest made before the 1st day of January 1929 an acknowledgment of a payment appears in the handwriting of or in a writing signed by the person making the payme .....

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..... nd 18.10.98 respectively. Under article 20 to schedule of Limitation Act, 1963, the period of limitation in a case when lender has given the cheque for money in a case when lender has given the cheque for money is 3 years from the date when the cheque is paid. In the present case this period of 3 years expires much before 8.2.2002. 13. In view of the above discussion, the present suit fails and .....

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..... the suit has to be filed within three years of arising of the cause of action. The cause of action in this case will arise on sending of the legal notice dated 14.12.2001. I therefore hold that the suit was not barred by limitation. 6. In view of the above, appeal is accepted. Impugned judgment is set aside. Suit of the appellant/plaintiff is decreed for a sum of ₹ 3,49,000/- alongwith in .....

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