https://www.taxtmi.com/caselaws?id=284561 The appellate court allowed both appeals, setting aside the trial judge's decision and granting the plaintiff's requests for substitution and setting aside the abatement. The court ruled that the suit could continue against the remaining guarantors despite the principal debtor's dissolution and the dismissal of the suit against some guarantors. The court emphasized the application of Sections 134, 137, and 138 of the Contract Act to maintain the liability of the sureties. en-us Wed, 13 May 1987 00:00:00 +0530 Tue, 26 Nov 2019 12:31:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284561 The appellate court allowed both appeals, setting aside the trial judge's decision and granting the plaintiff's requests for substitution and setting aside the abatement. The court ruled that the suit could continue against the remaining guarantors despite the principal debtor's dissolution and the dismissal of the suit against some guarantors. The court emphasized the application of Sections 134, 137, and 138 of the Contract Act to maintain the liability of the sureties. Case-Laws Companies Law Wed, 13 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284561