Indian Contract Act — Section 131
Revocation of continuing guarantee by surety’s death.—The death of the surety operates, in
131.Revocation of continuing guarantee by surety’s death.—The death of the surety operates, in the absence of any contract to the contrary, as a revocation of a continuing guarantee, so far as regards future transactions.
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Judgments citing Section 131
- Smt. Alka Jalan v. Punjab National Bank
- SHRI RAJAN GUPTA v. BANK OF INDIA & Anr.
- SHRI RAJAN GUPTA v. BANK OF INDIA & Anr.
- SHRI RAJAN GUPTA v. BANK OF INDIA & Anr.
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