Contract Act. S. 133, 135
Guarantee – Loan – Restructuring/Reschedulement by Bank – Bank did not insist for execution of fresh guarantee by the guarantors – Loan restructured – Variation were made in terms of the original contract – Guarantors cannot be made liable beyond the terms of engagement.
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Good and true service to true Legal Fretenity. I salute to you and your service.. JUDGE SEKAR MADRAS
It’s new now. But much information is getting about banking cases as well as on Contract. Best of luck