TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Surety Released from Liability if Creditor Alters Terms with Debtor Without Consent Under Section 135 of Contract Act.</h1> Section 135 of the Indian Contract Act, 1872, stipulates that a surety is discharged from liability if the creditor enters into an agreement with the principal debtor to either compound, extend time for payment, or refrain from suing, unless the surety consents to such an arrangement. This provision ensures that any alteration in the terms of the creditor-debtor relationship without the surety's approval releases the surety from their obligation.
TaxTMI 
TaxTMI 
