CS Executive · Jurisprudence, Interpretation and General Laws · Law relating to Limitation
A debtor makes a part payment of interest on a debt before the limitation period expires. For this payment to give a fresh period under Section 19, which condition applies, save for the pre-1928 interest exception?
The payment must be acknowledged in the payer's own handwriting or in a writing signed by the payer. This is the proviso to Section 19, and without it a part payment does not give a fresh period of limitation, apart from the pre-1928 interest exception.
- AAn acknowledgment of the payment must appear in the handwriting of, or a writing signed by, the person making the paymentCorrect
- BThe payment must be made in the presence of a court officer
- CThe creditor must send a written notice demanding payment
- DThe payment must be made in cash only
Explanation
The proviso to Section 19 requires that an acknowledgment of the payment appears in the handwriting of, or in a writing signed by, the person making it. Notice or cash is not a requirement.
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