Central · Act 26 of 1881

Section 39 — Suretyship.

The Negotiable Instruments Act, 1881

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When the holder of an accepted bill of exchange enters into any contract with the acceptor which, under section 134 or 135 of the Indian Contract Act, 1872 (9 of 1872), would discharge the other parties, the holder may expressly reserve his right to charge the other parties, and in such case they are not discharged.

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India Code, Government of India. Text fetched 09 Oct 2026. Source metadata reports last modification: 2018-04-16. Check the linked official text and subsequent notifications when applying a provision.

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Section 39 — Suretyship. | The Negotiable Instruments Act, 1881 | NYAYA SIGNALNYAYA SIGNAL · Free access · Official source references

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