Legal Question in Credit and Debt Law in India
If a debtor makes a payment or a mail acknowledgement of the debt outside the limitation period (after 7 years ), is it restart the limitation period in india.
Asked on 4/17/11, 5:18 am
2 Answers from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
Yes ,if you accept or admit the debt after the limitation period .
Answered on 4/17/11, 5:31 am