Lim 19 — Effect of payment on account of debt or of interest on legacy

Limitation Act, 1963

Statutory text

Where payment on account of
a debt or of interest on a legacy is made before the expiration of the prescribed period by the person liable
to pay the debt or legacy or by his agent duly authorised in this behalf, a fresh period of limitation shall be
computed from the time when the payment was made:
Provided  that,  save  in the  case of  payment  of  interest  made  before  the  1st  day  of January,  1928,  an
acknowledgment  of  the  payment  appears  in  the  handwriting  of,  or  in  a  writing  signed  by,  the  person making the payment.
Explanation.—For the purposes of this section,—

(a) where mortgaged land is in the possession of the mortgagee, the receipt of the rent or produce
of such land shall be deemed to be a payment;
(b) “debt” does not include money payable under a decree or order of a court.

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