F.C.I. vs ASSAM STATE COOP MKT.&CONSUMER FED. — C.A. No. 2259/1999

The Supreme Court allowed FCI's appeal and decreed its suit for recovery of Rs. 39,36,810 against Assam State Cooperative Marketing & Consumer Federation, finding that two letters dated 29/03/1977 and 30/07/1977 constituted written acknowledgment of liability under Section 18 of the Limitation Act, thereby extending the limitation period. The Court held the suit filed on 13/05/1980 was within the limitation period when calculated from the latter acknowledgment letter, reversing the trial and High Court's dismissals based on limitation grounds. This case analysis is maintained by casestatus.in based on publicly available court records.