Guarantee on contract that creditor shall not act on it until co-surety joins

The Contract Act, 1977

Civil1977192 sections

Statutory text

Guarantee on contract that creditor shall not act on it until co-surety joins.—Where a person gives a guarantee upon a contract that the creditor shall not act upon it until another person has joined in it as co-surety, the guarantee is not valid if that other person does not join.

Study data processing for this section.

PDF: pending for this language.