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of <h1>Creditor's Release of One Co-Surety Doesn't Discharge Others Under Section 138, Indian Contract Act, 1872</h1> Section 138 of the Indian Contract Act, 1872, states that if a creditor releases one co-surety, it does not discharge the other co-sureties from their obligations. Additionally, the released surety remains responsible to the other co-sureties. This provision ensures that the liability of remaining co-sureties is unaffected by the creditor's decision to release one of them, maintaining their obligations under the guarantee.
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