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Which of the following, in respect of set-off is correct:
set-off can be claimed in a suit for recovery of money
the amount claimed must be ascertained amount
the amount claimed to be set off must be legally recoverable & not barred by limitation
all the above.
Let’s break down the options:
- Option 1: Set-off can be claimed in a suit for recovery of money.
This is true. Set-off is basically saying, “Hey, you want money from me, but actually, you owe me money too. Let’s settle the difference.”
- Option 2: The amount claimed must be an ascertained amount.
Also true. The law only lets you set off definite, quantified sums—not vague or unliquidated claims.
- Option 3: The amount claimed to be set off must be legally recoverable & not barred by limitation.
This checks out. If your counter-claim is time-barred (past the limitation period), or not legally enforceable, you can’t set it off.
- Option 4: All the above.
If you look at it, each statement by itself is correct, so this is the answer that sums it all up.
So, your answer—option 4—is absolutely correct.
By: santosh ProfileResourcesReport error
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