https://www.taxtmi.com/caselaws?id=186242 An unauthorised alteration of a surety bond or guarantee does not automatically discharge the surety unless the change is legally material and made without authority. Where the alteration is not shown to have been made by the creditor while in custody, or is attributable to the guarantor's agent, discharge is not established. A reduced alteration may still be enforceable if it reflects the parties' intended obligation or the accepted instrument, and an immaterial or beneficial change does not void the guarantee merely because the reduced amount was not separately pleaded as the original contract. en-us Wed, 14 Feb 1962 00:00:00 +0530 Mon, 12 Sep 2016 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186242 An unauthorised alteration of a surety bond or guarantee does not automatically discharge the surety unless the change is legally material and made without authority. Where the alteration is not shown to have been made by the creditor while in custody, or is attributable to the guarantor's agent, discharge is not established. A reduced alteration may still be enforceable if it reflects the parties' intended obligation or the accepted instrument, and an immaterial or beneficial change does not void the guarantee merely because the reduced amount was not separately pleaded as the original contract. Case-Laws Indian Laws Wed, 14 Feb 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186242