https://www.taxtmi.com/acts?id=7197 A contract by which a creditor accepts a composition with, promises to give time to, or agrees not to sue the principal debtor operates to discharge the surety from liability on the guarantee unless the surety expressly assents to that arrangement. 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=7197 A contract by which a creditor accepts a composition with, promises to give time to, or agrees not to sue the principal debtor operates to discharge the surety from liability on the guarantee unless the surety expressly assents to that arrangement. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7197