Bare ActsThe Indian Contract Act, 1872

Section 131

Revocation of continuing guarantee by surety's death.

Amendment status not verified — confirm the current text below against the official source.

The death of the surety operates, in the absence of any contract to the contrary, as a revocation of a continuing guarantee, so far as regards future transactions.

Amended up to 2018-12-17View on India Code →
Section 131 – The Indian Contract Act, 1872 | DailyLaw.ai