Priyanka Pillay
Symbiosis Law School, Pune
Abstract
The law of guarantee under the Indian Contract Act, 1872, represents an important juncture between contractual duties, equitable principles, and the allocation of commercial risk. Of its provisions, Sections 130, 143, and 145 have a decisive bearing on the rights and liabilities of the surety, creditor, and principal debtor. Section 130 governs the revocation of […]