LEGISLATIVE COMMENTARY ON LIMITATION ACT, 1963

Author – Sandhya Lakshman & YAZHINI M.V, Students at Sathyabama institute of science and Technology

Best Citation – Sandhya Lakshman & YAZHINI M.V, LEGISLATIVE COMMENTARY ON LIMITATION ACT, 1963, ILE CONSTITUTIONAL REVIEW, 2 (1) of 2023, Pg. 44-47, ISSN – 2583-7168.

ABSTRACT

The Limitation Act, of 1963, is an essential legislation that regulates the time limits for filing lawsuits in different situations related to contracts, torts, and other civil cases. The Act has provided legal certainty and predictability in litigation by defining the limitation period and preventing parties from delaying legal action. However, its effectiveness has been challenged by technical loopholes, which require further amendments. Despite its imperfections, the Limitation Act, of 1963 is pivotal for maintaining judicial discipline and has significantly contributed to the growth of the Indian legal system.

The Limitation Act 1963 is a crucial statute that outlines the time limits within which a legal action can be initiated. This act is of utmost importance in the legal landscape as it governs the rights and obligations of parties involved in a dispute. As such, legal practitioners need to have a comprehensive understanding of the Limitation Act 1963 and its provisions.

KEYWORDS: LIMITATION, INDIANS LEGISLATION, REMEDIES, COMMENCEMENT, AMENDMENT.