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Section 128: Surety's liability.

The Indian Contract Act, 1872Central Act · Act 9 of 1872

The liability of the surety is co- extensive with that of the principal debtor, unless it is otherwise provided by the contract.

Illustration

A guarantees to B the payment of a bill of exchange by C, the acceptor. The bill is dishonoured by C. A is liable, not only for the amount of the bill, but also for any interest and charges which may have become due on it.

Where this provision sits

ActThe Indian Contract Act, 1872
Section128
Marginal noteSurety's liability.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it4

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