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What is Continuing Guarantee and Surety Liability about?

1. The document discusses various sections of Indian contract law regarding guarantees and sureties. It summarizes key cases related to sections 129, 130, 131, 133, 134, and 137 which deal with continuing guarantees, revocation of guarantees, death of surety, variance of contracts, release of principal debtor, and forbearance to sue the debtor respectively. 2. It analyzes a case where the liability of a surety was argued to be discharged when trustees responsible for a debt were replaced, though the court

Author

Shalu Mandiya

Language

EN