Question:

Limitation Principle : A suit for recovery of money can be filed only within 3 years from the date the money becomes due to be recovered. Suits filed after this period are not maintainable. Suits filed within this period are necessarily maintainable. Money became due from Y to X on March 17, 2017. X filed a suit for recovery of money on March 1, 2022.

  • X’s suit is not maintainable
  • X’s suit is maintainable
  • There is insufficient information to determine if X’s suit is maintainable
  • None of the above
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The Correct Option is A

Solution and Explanation

The correct option is (A): X’s suit is not maintainable
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