Multiple choice

If a borrower has been outside India for some time, for the purpose of calculation of limitation, that period shall be

  1. included

  2. included if bank could not prove his absence

  3. excluded

  4. excluded if the bank could prove his absence

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

Under Limitation Act, 1963, in computing the period of limitation for any suit, the time during which the defendant has been absent from India and from the territories outside India under the administration of the Central Government, shall be excluded.