Distinguish between Contract of Indemnity and Contract of
guarantee.
- 8 Answers
- 39015 Views
- I also Faced
- E-Mail Answers
Answer Posted / l.veeraraghavan
Many Indian COurts have held that the creditor should first exhaust all the available means of recovery from the principal debtor before invoking the surety's liability under the contract.
| Is This Answer Correct ? | 8 Yes | 5 No |
Post New Answer View All Answers
What is best: a written or non-written constitution?
I complete my online registration in BITM in 11 july 2016. zBut till now does not get any notification for placement,,,, when it call me for test.
what is the formula for working year calculation in the time of gratuity calculation. if any worker worked 30 years, but during the 30 years he has not worked 3 years, then how many years taken at the time of gratuity calculation.
How to calculate the BasicSalary as per labour laws
What do you understand by the rule of law?
Is it necessary to deduct return goods from invoice amount to get c form issued ? Will we be penalized if we have got C forms issued for the total invoice amount without deducting return goods
What do places that supply nitrous oxide tanks do with the licenses that they collect in order to get nitrous?
I WANT BUY FLAT IN VASAI WHICH IS BANK AUCTION PROPERTY OF RS.18L. MU AGENT TOLD ME WE WILL BUY FROM DEBT RECOVERY TRIBUNAL AND THEY GIVE TITAL CLEAR OR ANY CLEARANCE CERTIFICATE SO WHAT IS RIGHT PROCESS AND ITS TRUE?
what is the date for filling Quaterly rturn in case it is not submitted upto last date of it.
What is difference between India and Hindustan according to law and geography.
what type of questions do i expect in a law officer interview?
What are the legislations framed to regulate Public Utility services such as railways,electricity,cooking gas,transports,postal & telegraphic sectors?
We will be receive Form-F from Our Delhi Unit but he tell us that FORM -F issue quarterly . But our Noida Sales Tax Deptt. required Monthly For the F.Y.2006-07 & 2007-08
Hi i am shiva kumar, I have completed Graduation B.A through distance education (kakathiya university), i want to do law through distance, please suggest me best at hyderabad.
If A gave B £100 thinking it was a loan and B accepted the money thinking it was a gift, should he have to give it back?
