Any Surety - Definition - Law Dictionary Home Dictionary Definition any-surety

Definition :

Any surety, on its plain grammatical meaning there can be no doubt that the term 'any surety' will include not only a surety who has given some security but also one who has given only a personal guarantee, Maharashtra State Financial Corp. v. Jaycee Drugs and Pharmaceuticals (P) Ltd, (1991) 2 SCC 637 (653). [State Financial Corporation Act, 1951, s. 31(1)(aa)]