S. Albert & others v. S. Sivakumar – SC CHC APPEAL NO. 04/2007-2023

The matter between S. Albert & Company and S. Sivakumar concerned whether a letter dated 21.08.2000 marked “P7” constituted a valid written acknowledgment of liability for an unpaid debt of USD 54,875 and whether such acknowledgment removed the prescription bar imposed by Section 8 of the Prescription Ordinance. Transactions in December 1997 and January 1998, involving the sale of 225 metric tons of parboiled rice under invoices P2 and P4, formed the basis of the dispute when only a partial payment was received. It was determined that, despite being executed after the limitation period, the acknowledgment revived the original cause of action rather than creating a new one. It was held that the evidence and extensive analysis of legal precedents supported the view that the acknowledgment ef