Section 78: Limitation

The Provincial Insolvency Act, 1920Central Act · Act 5 of 1920

(1) The provisions of sections 5 and 12 of the Indian Limitation Act, 1908 (9 of 1908), shall apply to appeals and applications under this Act, and for the purpose of the said section 12, a decision under section 4 shall be deemed to be a decree.

(2) Where an order of adjudication has been annulled under this Act, in computing the period of limitation prescribed for any suit or application for the execution of a decree (other than a suit or application in respect of which the leave of the Court was obtained under sub-section (2) of section 28) which might have been brought or made but for the making of an order of adjudication under this Act, the period from the date of the order of adjudication to the date of the order of annulment shall be excluded:

Provided that nothing in this section shall apply to a suit or application in respect of a debt provable but not proved under this Act.

Where this provision sits

Act	The Provincial Insolvency Act, 1920
Section	78
Marginal note	Limitation
Jurisdiction	Central
Status	In force as published by the source

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