IC Act 136अध्याय VIII · Of Indemnity and Guarantee
धारा 136 · Surety not discharged when agreement made with third person to give time to principal debtor
अक्षर आकार — स्तर 1, कुल 4 में से
Where a contract to give time to the principal debtor is made by the creditor with a third
person, and not with the principal debtor, the surety is not discharged.
Illustration
C, the holder of an overdue bill of exchange drawn by A as surety for B, and accepted by B, contracts with M to give time to B. A is not discharged.
Illustration
C, the holder of an overdue bill of exchange drawn by A as surety for B, and accepted by B, contracts with M to give time to B. A is not discharged.
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