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Guarantee For Payment Of Debt Deeds Guarantee And Indemnities 1562

Category : Deeds Guarantee And Indemnities

Guarantee for Payment of Debt guarantee ef ab cd time Guarantee for Payment of Debt To CD of etc creditor In consideration of your having this day lent and advanced the sum of Rs to EF of principal debtor at my request I the undersigned do See Hakam Singh v Gammon India Ltd AIR 1971 SC 740 Patel Roadways Limited v Tropical Agro Systems P Ltd AIR 1992 SC 1514 1519 hereby agree to be and shall at all times hereafter until repayment of loans remain responsible to you for and guarantee payment of the said sum of Rs in case of his default together with interest thereon at the rate of per cent per annum such interest to be calculated with effect from the date of service of the registered notice of demand on me This guarantee shall not be affected by your granting any time or any other concession or indulgence to the said EF or by his death or insolvency This guarantee is given without prejudice to all my rights of reimbursement as aga...