Indian Contract Act — Section 137
Creditor’s forbearance to sue does not discharge surety.—Mere forbearance on the part of
137. Creditor’s forbearance to sue does not discharge surety.—Mere forbearance on the part of the creditor to sue the principal debtor or to enforce any other remedy against him does not, in the absence of any provision in the guarantee to the contrary, discharge the surety.
B owes to C a debt guaranteed by A. The debt becomes payable. C does not sue B for a year after the debt has become
payable. A is not discharged from his suretyship.
Illustration
36
This Bare Act is a government source available in the public domain. It is being used strictly for educational purposes only.
Judgments citing Section 137
- Himachal Pradesh High Court 23 Jul 2026 — hphc010530632023_1_2026-07-23
- Madras High Court 19 Sep 2025 — hcma011275332025_1_2025-09-19
- Kerala High Court 13 Feb 2024 — klhc010343682009_1_2024-02-13
- Sikkim High Court 24 May 2010 — skhc010000062009_1_2010-05-24
- Himachal Pradesh High Court — hphc010036082006_1_2011-09-16
Text reproduced from the public statutes on which the corpus is built. Verify against the official Gazette before relying on it. This is statute reference, not legal advice.