Showing : 1-10 of 33 Results

CHHATTISGARH HIGH COURT
Year of decision: 2017
Details
Limitation Act, 1963, Article 37, 19-- Repayment of loan in instalments - Limitation - It is article 37 and not article 19 which is applicable - This is not a simplicitor loan where limitation runs from the date of loan - Court has to calculate limitation regarding each and every instalment - In the instant case suit filed on 14.5.1998..........
SUPREME COURT OF INDIA
Year of decision: 2017
Details
Limitation Act, 1963, Section 5-- Condonation of delay - Ex parte decree passed by Debt Recovery Tribunal - Proceedings against guarantor - Applicant though served with summons but misconstrued the same being in connection with the personal loan advanced to her by Bank - Only after notice of Recovery Certificate was published that..........
KERALA HIGH COURT
Year of decision: 2016
Details
Limitation Act, 1963, Article 34-- Limitation - Promissory note - Promise to pay loan within two years - Limitation to file suit starts on the last day of promise to repay the loan amount - Suit filed within three years thereof, is not barred by limitation...........
BOMBAY HIGH COURT
Year of decision: 2012
Details
Limitation Act, 1963, Article 113-- Summary suit - Limitation - Suit filed on the basis of written contract between parties - Defendant obtained loan of Rs.50 lacs from plaintiff and said arrangement was valid till 30.9.2007 - Cause of action arises only after 30.9.2007 - TDS certificate issued by defendants on 31.3.2008 - Held,..........
PUNJAB AND HARAYANA HIGH COURT
Year of decision: 2012
Details
Limitation Act, 1963, Article 19-- Recovery of money - Suit for - Limitation - Suit relates to recovery of money payable for money lent - Loan was given on 20.01.2002 - Suit filed on 13.05.2005 - Held, period of limitation is three years commencing from the date when loan is made - Suit barred by limitation...........
KERALA HIGH COURT
Year of decision: 2011
Details
Contract Act, 1872, Section 171-- Bank loan - Suit dismissed on ground of limitation - It is only the remedy which is destroyed and not the right of the creditor for the debt - Bank has general lien over the securities which come to its hands - It may be in the form of money, negotiable instrument or any form of security or it may..........
KARNATAKA HIGH COURT
Year of decision: 2010
Details
Limitation Act, 1963, Article 22,28-- Suit for recovery of money - Plaintiff obtained shop on lease from defendant against security deposit which was to be refunded at time of vacating premises - Lease deed captioned as `rent bond' - Held, document executed, did not come into existence on account of any loan transaction - Art.28 of..........
BOMBAY HIGH COURT
Year of decision: 2010
Details
Negotiable Instruments Act, 1881, Section 138-- Dishonour of cheque - Cheque issued towards loan advanced by a Co-operative Society - Cheque held to be issued towards time barred time under the general provisions of law whereas it was not so under the Co-operative Societies Act - Held, law of limitation under the Co-operative Societies Act is..........
KERALA HIGH COURT
Year of decision: 2010
Details
Limitation Act, 1963, Article 62-- Loan against mortgage of property created whether as a principal liability or collateral security - Suit for enforcing mortgage can be filed within 12 years from the date when the money sued for becomes due...........
KERALA HIGH COURT
Year of decision: 2010
Details
Contract Act, 1872, Section 127, Limitation Act, 1963, Article 62-- Surety - Equitable mortgage for a loan - Can be proceeded against within 12 years u/s 62 even when the debt gets barred against the principal debtor - Liability of surety will continue unless the principal debtor is discharged from the liability...........

Showing : 1-10 of 33 Results