ISMAIL
K. Ganapathy – Appellant
Versus
Vaidyalingam – Respondent
JUDGMENT :- The plaintiff in O. S. No. 39 of 1964 on the file of the court of the Subordinate Judge of Nagarcoil is the appellant before this court. The appellant and respondent are brothers and admittedly the respondent executed the suit promissory note, namely, Ex. A. 1 dated 9th December 1959 in favour of the appellant for Rs. 4,000 repayable with interest at 9 per cent, per annum from the date of the promissory note. Equally admittedly the promissory note was executed by the respondent in consideration of the share of the business he obtained under Ex. A. 2 dated 23-4-1135 (M. E.), a copy of the partition deed entered into between the respondent and the appellant. The suit itself was instituted on 10th October 1964. With reference to the date of promissory note, namely, 9th December 1959, certainly on 10th October 1964 the suit was barred by limitation. In order to escape from this bar of limitation, the appellant relied on the deposition of the respondent in O. S. No. 153 of 1961 on the file of the Court of the District Munsif, Nagarcoil, dated 24th July 1962, as constituting the acknowledgment of his liability under the suit promissory note. A copy of this deposition
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.