Question
Which statement accurately reflects the mandatory nature
of Section 3 of the Limitation Act, 1963?ÂSolution
Section 3(1) provides that "Subject to the provisions contained in sections 4 to 24 (inclusive), every suit instituted, appeal preferred, and application made after the prescribed period shall be dismissed although limitation has not been set up as a defence." This makes the bar of limitation mandatory, not discretionary. The Supreme Court has held that it is the duty of the court not to proceed with any suit if the prescribed period has expired, irrespective of whether the defendant raises the plea or not. This reflects the principle "Interest Reipublicae Ut Sit Finis Litium" – in the public interest, there must be an end to litigation.
Which of the following is not the qualification of an Arbitrator as per the Arbitration and Conciliation Act?
Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement, the agreement is__________________
In LLP, out of the designated partners:
Can a depository delegate its functions as a depository to any other person?
Cognizable Offence means
A mistake as to a law not in force in India ____________
Which one of the following is not correctly matched?
As per the General Insurance Business (Nationalisation) Act, 1972 the authorised capital of the General Insurance Corporation shall be rupees __________
The Court has power to issue Commission for what purpose?
When did the Information Technology Act, 2000 came into force___________________