Section 138 of the Indian Contract Act, 1872 – Release of one co-surety does not discharge others

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Section 138: Release of one co-surety does not discharge others

Where there are co-sureties, a release by the creditor of one of them does not discharge the others; neither does it free the surety so released from his responsibility to the other sureties1 .

Source: official text of The Indian Contract Act, 1872 as published on India Code (PDF). All sections of the Indian Contract Act, 1872.

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