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Which of the following is not an essential requisite of a valid acknowledgment:
It must be made before the expiration of limitation period.
It need not be in writing.
It must be signed by the person making the acknowledgment or by his duly authorized agent.
It must be made by the party against whom any property or right is claimed or by some person through whom he derives title or liability.
According to Section 18 Effect of acknowledgment in writing.—(1) Where, before the expiration of the prescribed period for a suit or application in respect of any property or right, an acknowledgment of liability in respect of such property or right has been made in writing signed by the party against whom such property or right is claimed, or by any person through whom he derives his title or liability, a fresh period of limitation shall be computed from the time when the acknowledgment was so signed.
By: santosh ProfileResourcesReport error
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