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In which of the following cases, Sec. 18 is not applicable:
A period of three years is prescribed by the Indian Limitation Act for an ordinary oral debt. After expiry of 2 years, the debtor gives a written acknowledgment, say a letter signed by him to the creditor saying that he is sorry for the debt not being paid yet A fresh period of 3 years will start from the date of the letter.
A document in which the mortgagee merely acknowledges having received possession of the mortgaged land.
A statement in a letter by a mortgagor to a second morgagee to save the mortgaged property from being sold away at a cheap price at the instance of the prior mortgagee, by himself purchasing it amounts to an acknowledgment.
All of the above.
A document in which the mortgagee merely acknowledges having received possession of the mortgaged land. This clearly does not show any acknowledgement of any liability in respect of the property.
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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