' JAWWAD S. KHAWAJA, J.---This appeal impugns the judgment and decree, dated 17-1-1994 passed by the learned Special Judge Banking, Lahore. The appellant/ plaintiff Untied Bank Ltd., filed a suit against the respondent/defendant for recovery of Rs,9,49,780. The said suit was based on a promissory note, dated 13-5-1974 executed by the respondent/defendant in favour of the plaintiff- Bank. The suit itself was filed on 12-3-1993. As such, the learned Special Judge, Banking was of the view that the suit was time-barred. The Bank placed reliance on Exh. P-6 which, according to it constituted an acknowledgment whereby the period of limitation stood extended. We have seen Exh.P-6 which is dated 31-3-1992. In order for the said document to constitute a valid acknowledgement under section 19 of the Limitation Act it was necessary that the same be executed within the period of limitation. In the present case since the promissory note relied upon by the Bank is dated 13-5-1974 in order for any acknowledgement to be valid for the purpose of extending the period of limitation it ought to have been executed within three years from the date of the promissory note. Admittedly this is not the case in the present appeal.
2. In view of the foregoing discussion, we are not in any doubt that the impugned judgment and decree is in accordance with law. The suit of the appellant-Bank was rightly dismissed as having been barred by limitation. This appeal, as a consequence. Is dismissed.