TypeBare Act JurisdictionCentral Government Enacted1872

Contract Act, 1872 Section 137

CREDITOR'S FORBEARANCE TO SUE DOES NOT DISCHARGE SURETY Mere forbearance on the part of the creditor to sue the

Section Text

SECTION 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.