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Mar 31, 2009

Limitation Act- Section 20 Jiwan Lal Acharya v. Rameshwar Lal Aggarwala, AIR 1967 SC 1118 "Where therefore the payment is by cheque and is conditional, the mere delivery of the cheque on a particular date does not mean that the payment was made on that date unless the cheque was accepted as unconditional payment. Where the cheque is not accepted as an unconditional payment, it can only be treated as a conditional payment. In such a case the payment for purposes of S. 20 would be the date on which the cheque would be actually payable at the earliest assuming that it will be honoured".

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