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Jayakunvar Manilal Shah Vs. Syndicate Bank

Court : Karnataka

Subject : Contract

Acts : Contract Act, 1872 - Sections 127 and 144; Code of Civil Procedure (CPC) , 1908 - Order 7, Rule 7 - Order 41, Rule 22

Reported in : ILR1992KAR1053; 1992(2)KarLJ583

Ors. v. Kanhaiyalal Ors. ; (iv) , Gulam Hussain v. Faiyaz Ali Khan;24. Section 127 of the Indian Contract Act, 1872 ('the Act' for short) reads thus:-'127. CONSIDERATION FOR GUARANTEE. - Anything done, or any promise made, for the

Nanak Ram Vs. MehIn Lal

Court : Allahabad

Subject : Contract

Reported in : (1875)ILR1All487

judgment describes the surety-bond as 'apparently without consideration' and be then proceeds as follows: 'Consideration as defined in Section 127 of the Contract Act (IX of 1872) means 'anything done or any promise made for the benefit of … and it is admitted to be a contract of guarantee within the meaning of Section 126 of the Contract Act. Such being the state of the transaction in November 1872, the plaintiff appears to have waited till the

Bank of Baroda Vs. Avdoot Bhagwant Naik and ors.

Court : Mumbai

Subject : ContractCivil

Acts : Transfer of Property Act, 1882 - Sections 58 and 58(1); Indian Contract Act, 1872 - Sections 126, 127 and 128; Indian Contract (Amendment) Act, 1972 - Sections 135, 139 and 141

Reported in : AIR2005Bom224

counsel on behalf of the plaintiff, has placed reliance on Sections 126, 127 and 128 of the Indian Contract Act, 1872 and has also placed reliance on the cases reported in M/s. M. Ramnarain Pvt. Ltd. v. State Trading … to whom the guarantee is given is called the 'creditor', A guarantee may be either oral or written.14. Section 127 deals with consideration for guarantee.15. Section 128 deals with the Surety's liability, and, provides that the liability of

Madan Lal Sobti Vs. Rajasthan State Industrial Development and Investm ...

Court : Delhi

Subject : BankingProperty

Acts : State Financial Corporation Act, 1951 - Sections 29; Transfer of Property Act, 1882 - Sections 59; Registration Act, 1908 - Sections 17; Contract Act, 1872 - Sections 126 and 127; Registration Act, 1908 - Sections 17; Code of Civil Procedure (CPC) , 1908 - Order 39, Rules 1 and 2; Constitution of India - Article 227

Reported in : I(2007)BC364; (2007)145PLR43

consideration for execution of this mortgage. Learned Counsel referred to the provisions of Section 127 of the Indian Contract Act, 1872 (hereinafter to be referred to as, 'the Contract Act'), which reads as under:127. Consideration for guarantee. - Anything

C.N. Sundaram Vs. Chenai Finance Company Limited and ors.

Court : Andhra Pradesh

Subject : Contract

Acts : Indian Contract Act, 1872 - Sections 62, 127, 128, 133 and 139; Indian Partnership Act, 1932

Reported in : 2005(4)ALD850; 2005(5)ALT60

contended that the agreement stood invalidated. In support of his submission that under Section 133 of the Indian Contract Act, 1872 any material alteration or variance in the terms of contract, made without the consent of the surety, would … consideration, and that even assuming that he is treated as a co-obligant, event then, in view of Sections 127 and 128 of the Contract Act, his liability is co-extensive with that of the principal debtor, and therefore,

Patel Dadubhai Narsibhai (Decd.) Through His Heirs and Lrs. Jayaben D. ...

Court : Gujarat

Subject : Electricity

Reported in : (1990)1GLR673

between defendant-Board and plaintiff No. 1. Thus as far as the pre-condition of applicability of Section 73 of Contract Act, 1872 is concerned, it is clear that the contract was between the defendant-Board and plaintiff No. 1-Dadubhai Narsibhai Patel. … name of plaintiff No. 1 Dadubhai Patel. These bills are also on record at Exs. 123, 124, 126, 127 and 129. Ex. 131 is the certificate issued by the village Sarpanch to the effect that in Survey

State Bank of India Vs. Premco Saw Mill, Ahmedabad and ors.

Court : Gujarat

Subject : Contract

Acts : Indian Contract Act, 1872 - Sections 127; Evidence Act, 1872 - Sections 91 and 92

Reported in : AIR1984Guj93; (1983)2GLR1322

oral prayer for leave is, therefore, rejected.17. Appeal partly allowed. Contract - consideration - Section 127 of Indian Contract Act, 1872 and Sections 91 and 92 of Indian Evidence Act, 1872 - appeal against Order exonerating defendant No. 3

Landmark Developers and Others Vs. Govt. of A.P. and Others

Court : Andhra Pradesh

Subject : Land Acquisition

agree upon the terms, upon the subject matter, the consideration and the promise. Section 20 of the Indian Contract Act, 1872 states that where both the parties to an agreement are under a mistake as to a matter of … respondent for grant of quarry lease in respect of an extent of 3.00 hectares in survey no.225/120 to 127 of Errabelligudem Village, Nellikuduru Mandal, Warangal District duly enclosing required application fee and security deposit along with other

Bank of Credit and Commerce International S.A. Vs. V.K. Abdul Rahiman

Court : Kerala

Subject : Banking

Acts : Indian Contract Act, 1872 - Sections 127

Reported in : [1998]92CompCas739(Ker)

and dismiss the appeals without any order as to costs. Banking - liability - Section 127 of Indian Contract Act, 1872 - 1st defendant had transactions with plaintiff bank - plaintiff wanted him to settle outstanding dues - post

Kanisetti Audilaxamana Rao Vs. Attipalli Raghurami Reddi (Died), Attip ...

Court : Andhra Pradesh

Subject : Commercial

Acts : Indian Contract Act, 1872 - Sections 127; Hindu Law

Reported in : AIR1970AP158

The appeal is, thereofre, dismissed with costs.23. Appeal dismissed. Commercial - adequate consideration - Section 127 of Indian Contract Act, 1872 and Hindu Law - appellant's father issuing a letter of guarantee - appeal filed by sons against decree