Bombay High Court Upholds Discharge of Guarantors in Cooperative Bank Recovery Proceedings Under Indian Contract Act and Maharashtra Co-operative Societies Act. Extension of Loan Repayment Period Without Surety's Consent Constituted Novation Discharging Guarantors Under Section 135, Indian Contract Act, 1872.
10 Apr 2024The High Court of Judicature at Bombay, Aurangabad Bench, dealt with two connected writ petitions arising out of recovery proceedings under the Mahara...
