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TypeBare Act JurisdictionCentral Government

Indian Contract Act, 1872 Section 137

Creditors Forbearance to Sue Does Not Discharge Surety

~1 min read
https://sooperkanoon.com/act/14414

Bare act section · Research

About this section

Indian Contract Act, 1872 Section 137 is part of Indian Contract Act, 1872 - Creditors Forbearance to Sue Does Not Discharge Surety. Read the section text below and explore Indian court judgments that cite it.

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Section Text

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.

Illustration

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.

Frequently asked questions

What does Indian Contract Act, 1872 Section 137 provide?

Section Section 137 of the Indian Contract Act, 1872 (Creditors Forbearance to Sue Does Not Discharge Surety) is reproduced on this page as part of the Indian Contract Act, 1872. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Indian Contract Act, 1872 Section 137?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Indian Contract Act, 1872 Section 137. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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