Examine the circumstances that led to the passing of Limitation Laws'

1.	Examine the circumstances that led to the passing of Limitation Laws' by the British in 1859.
Answer» Solution :(i) In 1859, British passed a limitation law that stated that the loan bonds SIGNED between moneylenders and RYOTS would have validity for only three years. (ii) This law was meant to CHECK the accumulation of interest over time. (iii) Cotton boom and the American CIVIL war. (iv) The moneylenders were powerful and were violating the customary norms that regulated the relationship between moneylenders and ryots. (v) Moneylenders were unwilling to give the loan to ryots withour LEGAL bonds. This way ryots faced unjustice in the hands of moneylenders.

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