Section 144Central Act

Section 144: Guarantee on contract that creditor shall not act on it until co-surety joins.

Where a person gives a guarantee upon a contract that the creditor shall not act upon it until another person has joined in it as co-surety, the guarantee is not valid if that other person does not join.

Sec 143 — Guarantee obtained by concealment invalid.

Sec 145 — Implied promise to indemnify surety.

Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.