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The Contract Act, 1872

Section 144Guarantee on contract that creditor shall not act on it until co-surety joins

In forceChapter VIII OF INDEMNITY AND GUARANTEE

Chapter VIII OF INDEMNITY AND GUARANTEE

s. 144

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

End of s. 144.

Read the contents: The Contract Act, 1872