Limitation Act, 1908



Effect of payment on account of debt or of interest on legacy.

20. Effect of payment on account of debt or of interest on legacy.—1[(1) 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 duly authorised agent, a fresh period of limitation shall be computed from the time when the payment was made:]

1[Provided that2* * * an acknowledgment of the payment appears in the handwriting of, or in a writing signed by, the person making the payment.

1-Subs. by the Indian Limitation (Amdt.) Act, 1927 (1 of 1927), s. 2 for the original proviso.

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