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Permission to act as a surety or a principal debtor

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....gulations, 2026<br>5. Permission to act as a surety or a principal debtor.- A person resident in India may act as a surety or a principal debtor for a guarantee, subject to conditions that - ....

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....me: Provided that clause (b) shall not apply to a guarantee - (i) given by an authorised dealer bank and covered by a counter-guarantee or issued against 100% collateral in the form ....

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