12 August 2024


News

NCLT Mumbai: Guarantor's Liability Can’t Exceed the Limit Given in Contract of Guarantee - 01.05.2025

NCLT Mumbai bench has held that liability of a guarantor cannot exceed the specified limit in the contract of guarantee and the guarantor is bound only to the extent of the capped amount.

Tags : NCLT Mumbai Guarantor's Liability Contract of Guarantee

Share :