Where a person gives a guarantee upon a contract that the creditor shall not act upon it until another person has joined in it as co-surety, the guarantee is not valid if that other person does not join.
Indian Contract Act, 1872 Section 144 - Bare Act |
| State | Central Government |
| Year | 1872 |
| Section Title | Guarantee on Contract That Creditor Shall Not Act on It Until Co-surety Joins |
Act Info: