New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    What does the term "period of limitation" refer to as

    per the Limitation Act?
    A The duration during which a person must maintain records for legal purposes Correct Answer Incorrect Answer
    B The time period specified in the Schedule for filing a suit, appeal, or application, as well as the period computed according to the provisions of the Act Correct Answer Incorrect Answer
    C The time frame within which a court must issue a judgment after receiving a case Correct Answer Incorrect Answer
    D The maximum duration for which a legal dispute can be resolved in court Correct Answer Incorrect Answer
    E The interval required for an appeal to be reviewed by a higher court. Correct Answer Incorrect Answer

    Solution

    S. 2 (j) “period of limitation” means the period of limitation prescribed for any suit, appeal or application by the Schedule, and “prescribed period” means the period of limitation computed in accordance with the provisions of this Act.

    Practice Next