https://www.taxtmi.com/acts?id=7195 A surety is discharged as to transactions subsequent to any variation in the contract between the principal debtor and creditor made without the surety's consent. Material changes to the debtor's duties, remuneration, payment arrangements, or timing that alter the nature or extent of the obligations secured by the guarantee relieve the surety of future responsibility unless the surety has consented to the variation. 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=7195 A surety is discharged as to transactions subsequent to any variation in the contract between the principal debtor and creditor made without the surety's consent. Material changes to the debtor's duties, remuneration, payment arrangements, or timing that alter the nature or extent of the obligations secured by the guarantee relieve the surety of future responsibility unless the surety has consented to the variation. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7195