https://www.taxtmi.com/caselaws?id=288338 The Supreme Court clarified that the liability of a surety is coextensive with that of the principal debtor under Section 128 of the Contract Act. The surety becomes liable to pay the entire amount immediately upon the passing of the decree, without the need for the creditor to exhaust remedies against the principal debtor first. The Court ruled that the creditor could proceed directly against the surety without exhausting remedies against the principal debtor first. en-us Wed, 12 Aug 1970 00:00:00 +0530 Tue, 02 Jun 2020 09:41:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288338 The Supreme Court clarified that the liability of a surety is coextensive with that of the principal debtor under Section 128 of the Contract Act. The surety becomes liable to pay the entire amount immediately upon the passing of the decree, without the need for the creditor to exhaust remedies against the principal debtor first. The Court ruled that the creditor could proceed directly against the surety without exhausting remedies against the principal debtor first. Case-Laws Indian Laws Wed, 12 Aug 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288338