Section 135 Contract Act — Discharge of surety when creditor compounds with, gives time to, or agree s not to sue, principal debtor

The Indian Contract Act, 1872 · Official PDF page 36

135. Discharge of surety when creditor compounds with, gives time to, or agree s not to sue, principal debtor.—A contract between the creditor and the principal debtor, by which the creditor makes a composition with, or promises to give time to, or not to sue, the principal debtor, discharges the surety, unless the surety assents to such contract.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

For research. Check the official gazette and later amendments before citing a section.