Bare ActsThe Indian Contract Act, 1872

Section 144

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

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

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.

Amended up to 2018-12-17View on India Code →
Section 144 – The Indian Contract Act, 1872 | DailyLaw.ai