Extent of Surety’s Liability: Judicial Interpretation

By | January 1, 2019
Surety

Last Updated on 2 years by Admin LB The surety’s liability, as provided in Section 128, is co-extensive with that of the principal debtor. However, it is not a hard and fast rule. The liability need not always be co-extensive, but if there is no limit on the extent of liability, it would be co-extensive with that of...

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