Indian Contract Act,1872 |
Act No : 9 of 1872 |
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Contents of Act: |
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Section (130) Revocation of continuing guarantee | |
Section (131) Revocation of continuing guarantee by surety's death | |
Section (132) Liability of two persons, primarily liable, not affected byarrangement between them that one shall be surety on other's default | |
Section (133) Discharge of surety by variance in terms of contract | |
Section (134) Discharge of surety by release or discharge of principal debtor | |
Section (135) Discharge of surety when creditor compounds with, givestime to, or agrees not to sue, principal debtor | |
Section (136) Surety not discharged when agreement made with third personto give time to principal debtor | |
Section (137) Creditor's forbearance to sue does not discharge surety | |
Section (138) Release of one co-surety does not discharge others | |
Section (139) Discharge of surety by creditor's act or omission impairingsurety's eventual remedy |