Contract of indemnity and guarantee
Sir ..is this continuing guarantee or specific guarantee? Why? Example 2 sir
Continuing. Multiple bills.
Sir continuing guarantee can be revoked by giving notice...to creditors..
In this A gave notice ..but still he is liable to guaranteed amount..
Revocation is given after acceptance. Hence liable.
Terms & Conditions
CA Inter (New)
CA IPC (Old)
964-011-1110 / 913-331-0549