Section 135Central Act
Section 135: Discharge of surety when creditor compounds with, gives time to, or agrees 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.
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Sec 134 — Discharge of surety by release or discharge of principal debtor.
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Sec 136 — Surety not discharged when agreement made with third person to give time to principal debtor.
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