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What is the limitation period for a suit by a surety against a co-surety?
Correct Answer: C — three years
Explanation:
Three years. * Article 42 of the schedule of the Limitation Act, 1963, provides for the suit By a surety against a co-surety. It states that the limitation period for a suit by a surety against a co-surety is three years from the date when the surety pays anything in excess of his own share.