Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Surety Freed from Liability if Creditor's Actions or Omissions Impair Remedy Against Principal Debtor Under Section 139.</h1> Under Section 139 of the Indian Contract Act, 1872, a surety is discharged from liability if a creditor's actions or omissions impair the surety's eventual remedy against the principal debtor. This occurs when the creditor acts inconsistently with the surety's rights or fails to perform duties owed to the surety. Examples include a creditor prepaying instalments without the surety's knowledge, mishandling collateral leading to reduced recovery, or failing to perform agreed oversight, resulting in the surety being released from their obligation.