Getting comprehensive power over your documents at any moment is crucial to relieve your day-to-day tasks and improve your efficiency. Achieve any goal with DocHub tools for document management and convenient PDF editing. Gain access, change and save and incorporate your workflows with other safe cloud storage services.
DocHub gives you lossless editing, the opportunity to work with any format, and safely eSign documents without searching for a third-party eSignature alternative. Make the most of the file management solutions in one place. Check out all DocHub functions today with the free of charge profile.
hello guys welcome to Elan cipro in this video we will see three things nature of sureties liability continuing guarantee and joint debtors and charity cheb nature of charities liability is given in section 128 section 129 talks about continuing guarantee and section 132 talks about joint debtors and surety sip Im Ritesh so lets start first of all lets talk about section 128 of Indian contract Act which talks about nature and extent of charities liability according to section 128 the liability of surety is coextensive with that of the principal debtor unless it is otherwise provided by the contract suppose principal debtor is liable for hundred dollars surety will also be liable for the same hundred dollars neither 499 nor 401 the term coextensive with that of the principal debtor means that the surety is liable for what the principal debtor is liable lets understand this with the help of an example II whose surety guarantees to be the payment of a bill of exchange accepted by C a