Section 135 of ICA : Section 135: Discharge Of Surety When Creditor Compounds With, Gives Time To, Or Agrees Not To Sue, Principal Debtor

ICA

JavaScript did not load properly

Some content might be missing or broken. Please try disabling content blockers or use a different browser like Chrome, Safari or Firefox.

Explanation using Example

Imagine that Raj has taken a loan from a bank and his friend, Suresh, has signed as a surety for the loan. This means that if Raj fails to repay the loan, Suresh will have to pay it on his behalf. Now, if the bank ...

Login to access all pages and read more content.

To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.

Update: Discover how KanoonGPT revolutionizes legal research! Watch our demo video on the homepage to see how you can chat with various legal sections using our innovative hybrid AI search. Enjoy free unlimited AI access for a limited time!
Update: Page bookmarking and open in new tab is now supported! Simply use your browser's bookmark manager to save this page for quick access later.
Update: All Judiciary Acts to be available within a week.

Download Digital Bare Acts on mobile or tablet with "Kanoon Library" app

Kanoon Library Android App - Play Store LinkKanoon Library iOS App - App Store Link