First Division · Part II · Suits Relating to Contracts
Article40Three years.
The Schedule · First Division—Suits · Part II—Suits Relating to Contracts
By the payee against the drawer of a bill of exchange, which has been dishonoured bynon-acceptance.
Period of limitation
Three years.
Time from which period begins to run
The date of the refusal to accept.
Schedule, article 40 of The Limitation Act, 1963 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.
