Indian Legal System > Civil Laws > Indian Contract Act, 1872 > Section 126: Contract of Guarantee Guarantee is an undertaking to answer for another’s liability and collateral thereto. It is a collateral undertaking to pay the debt of another in case he does not pay it. It is a provision to answer for the […]
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Section 126: Contract of Guarantee
- Post author By Hemant More
- Post date April 13, 2020
- No Comments on Section 126: Contract of Guarantee
- Tags (1913) 38 Mad 680; 22 IC 1, (1914) 27 MLJ 249, (1918) 42 Bom. 444, [1946] 2 All E.R. 207, AIR 1930 All 848, AIR 1964 Rajasthan 76, AIR 1967 SC 1634, AIR 1984 Gujarat 93, Contract of guarantee, Contract of indemnity, Coutts & Co v Brown Lecky and others, Diclosure, Indian Contract Act, Manju Mahadev v Shivappa, Mathura Das v Secretary of State, Muthukaruppa v Kathappudayan, Nandlal Chanandas v Firm Kishinchand (AIR 1937 Sindh 50, P. J. Rajappan v Associated Industries (P) Ltd, Ram Narain v Lt. Col. Hari Singh, Section 126, Sonarlinga v Pachai Naicken, State Bank of India v Premco Saw Mill, State of Maharashtra v Dr. M. N. Kaul