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Limitation Act, 1963 · First Division — Suits · Part II. — Suits Relating To Contracts

Article 38: On a promissory note given by the maker to a third person to be delivered to the payee…

Description of suitOn a promissory note given by the maker to a third person to be delivered to the payee after a certain event should happen.
Period of limitationThree years.
Time from which period begins to runThe date of the delivery to the payee.

Calculate the last date

A calculator for quick reference, not legal advice. Check the Act, holidays of your court and any special law that sets its own period before relying on a date.

Read the Limitation Act

Source: official text of the Limitation Act, 1963 (India Code).