Basics in Limitation act : Practice MCQ Questions & Answers with Explanations

The Limitation Act, 1963 Schedule Periods of Limitation [See sections 2(j) and 3] PART VII – SUITS RELATING TO TORT 72. For compensation for doing or for omitting to do an act alleged to be in pursuance of any enact­ment in force for the time being in the territories to which this Act extends.

Section 27 of the Limitation Act, 1963 relates to theExtinguishment of right to property. It states : At the determination of the period hereby limited to any person for instituting a suit for possession of any property, his right to such property shall be extinguished.

Trustee * Position of a Trustee: A trustee holds property or assets in trust for the benefit of others (beneficiaries) and is bound by fiduciary duties. The relationship is governed by equity, not just contract.

' * According to the provisions of Limitation Act, 1963: For money payable for money lent: The relevant article is Article 19, which prescribes the period of limitation for suits related to money lent.

​execution proceedings Section 3 of the Limitation Act, 1963 relates to the Bar of limitation.

0 years. * Article 61 of the Schedule of the Limitation Act, 1963, provides for the limitation period prescribed for filling a suit by a mortgagor to recover possession of immovable property mortgaged.

In ICICI Bank Ltd v. Trishla Apparels Pvt Ltd (2015), the Madras High Court emphasized that the court is duty-bound to dismiss suits barred by time, even if the opposing party does not raise the plea.

Section 15 of the Limitation Act provides for the exclusion of time in certain specific cases when calculating the limitation period for suits or applications: Stayed Proceedings: The time during which the institution or execution of a decree has been stayed by an injunction or order is excluded fro.

'Vigilantibus non dormientibus jura subveniunt' * Vigilantibus non dormientibus jura subveniunt: This Latin maxim translates to "the law assists those who are vigilant, not those who sleep over their rights.

0 days. * Article 118 of the Schedule of the Limitation Act provides for the leave to appear and defend a suit under summary procedure. It states that the limitation period is ten days from the date when the summons is served.

0 years. * Article 61 of the Schedule of the Limitation Act, 1963, provides for the limitation period prescribed for filling a suit by a mortgagor to recover possession of immovable property mortgaged.

In Collector and Authorised Chief Settlement Commissioner v. Darshan Singh and others (AIR 1999) , the court held that the non-availability of the case file to the State counsel or Panel lawyer is not considered a valid ground for condonation of inordinate delay.

Section 27 of the Limitation Act, 1963. Section 27 of Limitation Act, 1963: This section provides for the extinguishment of right to property. It says when the period for instituting a suit for possession of any property is gone then the right to such property is also gone or extinguished.

Section 2(h) of the Limitation Act states that nothing shall be deemed to be done in good faith which is not done with due care and attention. The term "good faith" refers to acting with honesty, integrity, and sincerity, often in a legal or contractual context.

Section 4 Expiry of prescribed period when court is closed - Where the prescribed period for any suit, appeal or application expires on a day when the court is closed, the suit, appeal or application may be instituted, preferred or made on the day when the court re-opens.

Section 5 : Extension of prescribed period in certain cases.—* Any appeal or any application, other than an application under any of the provisions of Order XXI of the Code of Civil Procedure, 1908 (5 of 1908), may be admitted after the prescribed period, if the appellant or the applicant satisfies.

Years. * Article 113 of the Schedule of the Limitation Act, 1963 provides for the limitation period for any suit for which no period of limitation is provided elsewhere in this Schedule. It states that the limitation period is three years from the date when the right to sue accrues.

Section 8 of the Limitation Act, 1963, provides for the Special exceptions.

Section 6. * Section 6 of the Limitation Act, 1963, provides for Legal disability.

Section 2(j) Section 2(j)* of the Limitation Act defines: "Period of limitation" as the duration set for filing a suit, appeal, or application as specified in the Schedule. "Prescribed period" as the duration computed according to the provisions outlined in this Act for limitation.