https://www.taxtmi.com/caselaws?id=193710 The SC allowed the appeal, overturning the HC and trial court judgments. It held that the suit was not barred by limitation, as the limitation period commenced from the date of demand and refusal by the guarantors. The suit was decreed in favor of the Bank, establishing guarantors' liability as co-extensive with the principal debtor. en-us Mon, 10 Apr 2006 00:00:00 +0530 Mon, 11 Mar 2024 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193710 The SC allowed the appeal, overturning the HC and trial court judgments. It held that the suit was not barred by limitation, as the limitation period commenced from the date of demand and refusal by the guarantors. The suit was decreed in favor of the Bank, establishing guarantors' liability as co-extensive with the principal debtor. Case-Laws Indian Laws Mon, 10 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193710