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      Question

      Limitation Act is-

      A Retrospective in operation Correct Answer Incorrect Answer
      B Prospective in operation Correct Answer Incorrect Answer
      C Any A and B. Correct Answer Incorrect Answer
      D Both A and B Correct Answer Incorrect Answer
      E Some parts are retrospective. Correct Answer Incorrect Answer

      Solution

      A Statute is regarded as retrospective it operates on cases or facts which came into existence before its commencement in the sense that it effects, even if for the future only, the character or consequence of transactions previously entered into or of other past conduct. _Thus, a statute of limitation, being a law of procedure, is retrospective in operation._

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