The limitation period in a suit by a surety against co surety when the surety pays anything in exces...........

Limitation Act (LA) 1963 Limitation of Suits etc

The limitation period in a suit by a surety against co-surety when the surety pays anything in excess of his own share is :

Two years

Three years

Five years

Twelve years

- In a suit by a surety against a co-surety, the limitation period is crucial when the surety pays more than their fair share.

- Option 1: Two years - This is typically incorrect for this type of claim.

- Option 2: Three years - Correct as per general contract-related limitation periods; most equitable claims fall under this timeframe.

- Option 3: Five years - Usually not applicable in such cases.

- Option 4: Twelve years - This applies mainly to claims involving immovable property or under certain deeds, not typically for surety claims.

The correct answer is Option 2: Three years. .

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