Multiple choice

Under Sec. 18 of the Limitation Act, 1963 fresh period of limitation has to be computed from the date of

  1. expiry of half of the extended period of limitation

  2. delivering the acknowledgement

  3. signing of the acknowledgement

  4. expiry of the initial period of limitation

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Section 18 of the Limitation Act, 1963 provides that when there is an acknowledgment of liability in writing signed by the party, a fresh period of limitation begins to run from the date of signing such acknowledgment. The acknowledgment must be in writing and signed by the party against whom the right is claimed. The date of signing is crucial as it resets the limitation clock entirely.