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    <title>2001 (9) TMI 1160 - ANDHRA PRADESH HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=198698</link>
    <description>The court held that the liability of the surety is discharged when the principal debtor&#039;s liability is discharged due to the abatement of the suit. The executing court&#039;s decision that the decree against the surety is not executable was upheld, as the surety&#039;s liability is co-extensive with that of the principal debtor. The court found that the creditor&#039;s omission resulted in the discharge of the debt against the principal debtor, leading to the discharge of the surety&#039;s liability as well. The revision petition was dismissed, affirming that the decree against the surety is not enforceable.</description>
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    <pubDate>Thu, 13 Sep 2001 00:00:00 +0530</pubDate>
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      <title>2001 (9) TMI 1160 - ANDHRA PRADESH HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=198698</link>
      <description>The court held that the liability of the surety is discharged when the principal debtor&#039;s liability is discharged due to the abatement of the suit. The executing court&#039;s decision that the decree against the surety is not executable was upheld, as the surety&#039;s liability is co-extensive with that of the principal debtor. The court found that the creditor&#039;s omission resulted in the discharge of the debt against the principal debtor, leading to the discharge of the surety&#039;s liability as well. The revision petition was dismissed, affirming that the decree against the surety is not enforceable.</description>
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      <pubDate>Thu, 13 Sep 2001 00:00:00 +0530</pubDate>
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