suit for cancellation of transaction whether on the ground of being void or voidable should have been filed within a period of three years from the date of the knowledge

2009(6) SCC 160 

19. A suit for cancellation of transaction whether on the ground of being void or voidable would be governed by Artcile 59 of the Limitation Act. The suit, therefore, should have been filed within a period of three years from the date of the knowledge of the fact that the transaction which according to the plaintiff was void or voidable had taken place. The suit having not been filed within a period of three years, the suit has rightly been held to be barred by limitation

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