Limitation Act, 1963 · First Division — Suits · Part II. — Suits Relating To Contracts
Article 41: By the acceptor of an accommodation-bill against the drawer
| Description of suit | By the acceptor of an accommodation-bill against the drawer. |
|---|---|
| Period of limitation | Three years. |
| Time from which period begins to run | When the acceptor pays the amount of the bill. |
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Source: official text of the Limitation Act, 1963 (India Code).