https://www.taxtmi.com/caselaws?id=312619 The appellate court reversed the District Judge's decision, ruling that the suit against the guarantor was not time-barred, despite the guarantor not signing the acknowledgment of debt. The court decreed the suit against both the principal debtor and the guarantor, emphasizing that the guarantor's liability remains enforceable as long as the debt is recoverable from the principal debtor. No costs were awarded. en-us Wed, 27 Jun 2007 00:00:00 +0530 Wed, 28 Feb 2024 11:32:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312619 The appellate court reversed the District Judge's decision, ruling that the suit against the guarantor was not time-barred, despite the guarantor not signing the acknowledgment of debt. The court decreed the suit against both the principal debtor and the guarantor, emphasizing that the guarantor's liability remains enforceable as long as the debt is recoverable from the principal debtor. No costs were awarded. Case-Laws Indian Laws Wed, 27 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312619