Statute of Limitations, 1957

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Fresh accrual of right of action on acknowledgment (action by incumbrancer claiming sale of land).

53.—Where—

(a) the right of an incumbrancer of land to bring an action claiming sale of the land has accrued, and

(b) the person in possession of the land or the person liable for the debt secured by the incumbrance acknowledges the debt,

the right of action shall be deemed to have accrued on and not before the date of the acknowledgment.