Principle

This Principle directory provides India‑focused templates for suits involving guarantees and sureties: contribution between co‑sureties under Section 146, damages against a surety under a security bond, and recovery of price of goods against the principal and surety. It reflects co‑extensive surety liability (Section 128), allocation rules for co‑sureties (Section 147), preservation of rights despite release of one co‑surety (Section 138), and the surety’s entitlement to creditor’s securities (Section 141), supporting precise, statute‑aligned pleadings for enforcement and contribution.