A contract between the creditor and the principal debtor, by which the creditor makes a composition with, or promises to give time to, or not to sue, the principal debtor, discharges the surety, unless the surety assents to such contract.
Section 135: Discharge of surety when creditor compounds with, gives time to, or agrees not to sue, principal debtor.
The Indian Contract Act, 1872Central Act · Act 9 of 1872
Where this provision sits
| Act | The Indian Contract Act, 1872 |
|---|---|
| Section | 135 |
| Marginal note | Discharge of surety when creditor compounds with, gives time to, or agrees not to sue, principal debtor. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 2 |
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