Indian Contract Act — Section 128

Surety’s liability.—The liability of the surety is co- extensive with that of the principal debtor,

128. Surety’s liability.—The liability of the surety is co- extensive with that of the principal debtor,

unless it is otherwise provided by the contract.

Illustration

A guarantees to B the payment of a bill of exchange by C, the acceptor. The bill is dishonoured by C. A is liable, not only

for the amount of the bill, but also for any interest and charges which may have become due on it.

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Judgments citing Section 128

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