Limitation Act, 1963 · First Division — Suits · Part II. — Suits Relating To Contracts
Article 40: By the payee against the drawer of a bill of exchange, which has been dishonoured by…
| Description of suit | By the payee against the drawer of a bill of exchange, which has been dishonoured by non-acceptance. |
|---|---|
| Period of limitation | Three years. |
| Time from which period begins to run | The date of the refusal to accept. |
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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.
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Source: official text of the Limitation Act, 1963 (India Code).