Section 131:
Revocation of continuing guarantee by surety's death.
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.
9/1872 - The Indian Contract Act, 1872 ▶
Act Number: 9
Act Name: The Indian Contract Act, 1872
Year: 1872
Enactment Date: 1872-04-25
Long Title:
Ministry: Ministry of Law and Justice
Department: Legislative Department