Continuing Guarantee - Judgment Search Results

C.P. Sreelal Vs. District Collector and ors.

Court: Kerala

Reported in: AIR2007Ker131

..... appellant is a continuing guarantee continuing guarantee is defined by section 129 of the indian contract act 1872 thus 129 continuing guarantee a guarantee which extends to a series of transaction is called a continuing guarantee 10 although it .....

The Eastern Bank Ltd. Vs. Parts Services of India Ltd. and ors.

Court: Kolkata

Reported in: AIR1986Cal61,89CWN1021

..... 2 supports the case of mr j n roy that even if it were a continuing guarantee that continuing guarantee covered the series of transactions only for one year with the terms and conditions stated ..... mentioned in the contract act but in my opinion that there could be a continuing guarantee for a fixed period continuing guarantee in accordance with section 141 of the contract act would only mean a .....

Lawrence Vs. Mccalmont

Court: US Supreme Court

..... j gihon co and j a lawrence acted upon the guarantee as a continuing guarantee to this the defendant s counsel objected but the ..... as changed until notified by me to the contrary is a continuing guarantee and includes not only transactions under a letter of credit ..... assume and again you are to consider this a standing and continuing guarantee without the necessity of apprizing me from time to time .....

Douglass Vs. Reynolds, Byrne and Co.

Court: US Supreme Court

..... any subsequent times toties quoties whenever the antecedent transactions were discharged it was a continuing guarantee every instrument of this sort ought to receive a fair and reasonable interpretation according ..... transactions were discharged upon deliberate consideration we are of opinion that it is a continuing guarantee and we found ourselves upon the language and the apparent intent and object .....

K. Raja Rao Vs. A.P. Industrial Development Corporation

Court: Andhra Pradesh

..... the appropriate authority 10 in margaret lalita samuel v indo commercial bank ltd the guarantee was a continuing guarantee at any one time a contention was raised that each of the debit items ..... appeal in bradford old bank ltd v sutcliffe12 that limitation against a guarantor under a continuing guarantee which specified that the liability of the guarantor is to pay on demand would not .....

National Small Industries Corpn. Ltd. Vs. Singh Printers

Court: Chennai

..... the language they have employed in the deed of guarantee if the guarantee is construed as a continuing guarantee then the guarantor is liable so long as the ..... continuing guarantee and section 130 deals with revocation of continuing guarantee as per section 129 the guarantee which exists to the series of transactions is called a continuing guarantee section 130 contemplates that a continuing guarantee .....

Murali D. Kanuri Vs. Debt Recovery Appellate Tribunal ors.

Court: Andhra Pradesh

Reported in: 2010(3)ALT374

..... of any one of them and shall seize only on payment of the amount guaranteed under the continuing guarantee therefore the contention that the petitioner was not made a party in his personal ..... to which no reply has been given by the petitioner denying the execution of the continuing guarantee nor disputed about its execution stating that the signature was obtained on the blank forms .....

Official Receiver, Representing the Estate of the Debtors in I.P. No. ...

Court: Chennai

Reported in: (1995)2MLJ264

..... debit balance of an account from time to time during the continuance of the guarantee this is called a continuing guarantee xxxx xxxx xxxxa continuing guarantee is not affected by any payments in for it is ..... the learned judge held thus further surety bond says that it is a continuing guarantee if it is a continuing guarantee the question of limitation will not crop up at all 16 the lower .....

Union Bank of India vs.rajan Malhotra & Ors.

Court: Delhi

..... contract act as per section 130 of the contract act a continuing guarantee may at any time be revoked by the surety as to ..... ma vs radhey shyam 1971 1 scc619 further on the principles of continuing guarantee the position was cleared by the decision of the supreme court ..... respondent no 3 as well and which had been held to be continuing guarantees his liability in this regard has to be examined in view .....

Milkfood Limited Vs. Union Bank of India

Court: Delhi

Reported in: 2007(2)CTLJ362(Del)

..... the date of demand by the bank for payment it also provides that the guarantee shall be a continuing guarantee for payment of the ultimate balance to become due to the bank by ..... the guarantor undertaking to pay on demand by the creditor under a continuing guarantee dated 1 4 1991 let us further say a demand is made by the creditor .....