Rm. Ar. Ar. Rm. Ar. Ramanathan Chettiar ... vs K.M. Ol. M. Somasundaram Chettiar And ... on 9 August, 1963
5. Except Issue No. 2, no other issues require any discussion, as the appellant before us is aggrieved from the findings recorded by the learned Trial Court upon that issue. The issue relates to the plea of limitation. The learned Trial Court holding that exhibit P4 does not amount to acknowledgment would render the claim of the appellant partially barred by time. While relying upon the judgment in the case of Ar. Ramanathan Chettiar and Ors. v. V.K.M.O.N.M. Sonasunderan Chettiar , the Court held that if a debt becomes barred by applying the three years rule of limitation contained in Article 115, subsequent acknowledgment or any suspension of any cause of action by the Statute will not have the effect of reviving the date. In the present case, the loan was admitted and the defendants in the suit had not proved by any evidence on record, the complete discharge of debt. The Court held that the loan extended on 1.4.1975 was barred by time.