https://www.taxtmi.com/acts?id=7191 A continuing guarantee is one that extends to a series of transactions, making the guarantor responsible for successive dealings between creditor and principal debtor that fall within the guarantee's scope; by contrast, a guarantee confined to a single specified transaction is not continuing and does not render the guarantor liable for subsequent, separate transactions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7191 A continuing guarantee is one that extends to a series of transactions, making the guarantor responsible for successive dealings between creditor and principal debtor that fall within the guarantee's scope; by contrast, a guarantee confined to a single specified transaction is not continuing and does not render the guarantor liable for subsequent, separate transactions. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7191