law: Limitation Act, 1963 
  11. Suits on contracts entered into outside the
  
  territories to which the Act extends – 
  (1) Suits instituted in the territories to which this Act
  
  extends on contracts entered into the State of Jammu and Kashmir or in a
  
  foreign country shall be rules of limitation contained in this Act.
  (2) No rule of limitation in force in the State of Jammu and
  
  Kashmir or in a foreign country shall be a defense to a suit instituted in the
  
  said territories on a contract entered into in that State or in a foreign
  
  country unless - 
  a. the rule has
  
  extinguished the contract; and
  b. the parties were
  
  domiciled in that State or in the foreign country during the period prescribed
  
  by such rule.