LIMITATION OF ACTIONS ACT 1936 - SECT 25
LIMITATION OF ACTIONS ACT 1936 - SECT 25
(1) In every case of a
concealed fraud, the right of any person to bring equitable proceedings for
the recovery of any land or rent of which he or any person through whom he
claims has been deprived by that fraud shall be deemed to have first accrued
at and not before the time when that fraud was or with reasonable diligence
might have been first known or discovered: Provided that nothing in this
section shall enable any owner of lands or rents to bring
equitable proceedings for the recovery of those lands or rents on account of
fraud against any bona fide purchaser for valuable consideration, who has not
assisted in the commission of that fraud and who at the time when he made the
purchase did not know and had no reason to believe that any such fraud had
been committed.
(2) In this
section—
"equitable proceedings" means any proceedings of a kind which before the
passing of the Supreme Court Act 1878 could have been brought by way of a
suit in equity.