Limitation Act, 1963 This section is applicable only in matters for excluding time spent if the matter has b=gone before court not having jurisdiction. But, where the suit is dismissed after adjudication on merits then this section has no application on it. S. 14 Exclusion of time of proceeding bona fide in court without jurisdiction. — (1) In computing the period of limitation for any suit the time during which the plaintiff has been prosecuting with due diligence another civil proceeding, whether in a court of first instance or of appeal or revision, against the defendant shall be excluded, where the proceeding relates to the same matter in issue and is prosecuted in good faith in a court which, from defect of jurisdiction or other cause of a like nature, is unable to entertain it. (2) In computing the period of limitation for any application, the time during which the applicant has been prosecuting with due diligence another civil proceeding, whether in a court of first instance or of appeal or revision, against the same party for the same relief shall be excluded, where such proceeding is prosecuted in good faith in a court which, from defect of jurisdiction or other cause of a like nature, is unable to entertain it.
The partners’ liability in a partnership is _____
Which of the following is a component of the RAMP Scheme?
The current yield on a bond is calculated to find the return on a bond. How is current yield calculated?
How much money did HUDCO raise in its maiden foray into the syndicated loan market?
Why Treasury rates are significantly lower as compared to other rates?
A Public company should hold at least ______ meetings in a year.
As per the Budget 2024, what is the newly increased deduction from family pension income under the new tax regime?
Auditor employed in the organisation have been paid 70000. This expense will belong to which among the following category?
Which of the following types of decisions are incorporated with financial decisions:
A. Investment decisions
B. F...
The Reserve Bank of India’s stress test results reveal that scheduled commercial banks (SCBs) are well-capitalised and capable of absorbing macroecono...