Mera Samvidhaan All of Indian Contract Act, 1872

Chapter VIII · Of Indemnity and Guarantee

135Discharge of surety when creditor compounds with, gives time to, or agrees not to sue, principal debtor.

Section 135 · Chapter VIII · page 36 of the Act

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.

Section 135 of The Indian Contract Act, 1872 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.