What are aims and objectives and importance of limitataion act 1963?
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The main objective of the The LA,1963 is to provide a specific time frame within which a person can file a suit in a court. If such law are not enacted then it will lead to never ending litigation as the person could file a suit for the cause of action which was done many years back.
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- 3118, dated October 29, 1963]. Object. -The object of the Law of limitation is to prevent disturbance or deprivation of what may have been acquired in equity and justice by long enjoyment or what may have been lost by party's own inaction, negligence or laches.
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