section 38
Revocation of continuing guarantee by change in firm
The Jammu and Kashmir State Partnership Act, 1939Corporate193963 sections5 chapters
Chapter V Chapter V
Statutory text
Revocation of continuing guarantee by change in firm.--A continuing guarantee given to a firm, or to a third party in respect of the transactions of a firm, is in the absence of agreement to the contrary, revoked as to future transactions from the date of any change in the constitution of the firm.
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