136. Surety not discharged when agreement made with third person to give time to principal debtor.
Where a contract to give time to the principal debtor is made by the creditor with a third person, and not with the principal debtor, the surety is not discharged.
Illustration-
C, the holder of an overdue bill of exchange drawn by A as surety for B, and accepted by B, contracts with M to give to B. A is not discharged.
Read Contract Act in a systematic way.
Read Contract Act each section wise.
Download beautiful, mobile friendly Contract Act PDF.
WritingLaw offers important Bare Act PDFs, Law Notes, Law Q&As, Law Articles, Law MCQ Tests, and more.
Latest posts by WritingLaw (see all)
- Section 188 BNS (Bharatiya Nyaya Sanhita) - 2nd November 2025
- Section 189 BNS (Bharatiya Nyaya Sanhita) - 2nd November 2025
- Section 190 BNS (Bharatiya Nyaya Sanhita) - 2nd November 2025
