Section 140 Contract Act 1872

 Section 140 Contract Act 1872 in Hindi and English 

Section 140 Contract Act 1872 :Rights of surety on payment or performance - Where a guaranteed debt has become due, or default of the principal debtor to perform a guaranteed duty has taken place, the surety, upon payment or performance of all that he is liable for, is invested with all the rights which the creditor had against the principal debtor.

Supreme Court of India Important Judgments And Case Law Related to Section 140 of Contract Act 1872 :

Industrial Finance Corporation vs Thletdc.An&Naonrosr.E Spinning on 12 April, 2002

Industrial Finance Corporation vs Thletdc.An&Naonrosr.E; on 12 April, 2002

Lalit Kumar Jain vs Union Of India on 21 May, 2021

Amrit Lal Goverdhan Lalan vs State Bank Of Travancore & Ors on 11 April, 1968

State Bank Of India vs Indexport Registered And Ors on 30 April, 1992

Economic Transport Organisation vs M/S Charan Spinning Mills (P) on 17 February, 2010

United Bank Of India vs Satyawati Tondon & Ors on 26 July, 2010

State Of Madhya Pradesh vs Kaluram on 5 September, 1966

Bank Of Bihar Ltd vs Damodar Prasad & Anr on 8 August, 1968

भारतीय संविदा अधिनियम, 1872 की धारा 140 का विवरण :  -  संदाय या पालन होने पर प्रतिभू के अधिकार -- जहाँ कि कोई प्रत्याभूत ऋण शोध्य हो गया हो प्रत्याभूत कर्तव्य के पालन में मूल ऋणी से व्यतिक्रम हो गया हो वहाँ वे सब अधिकार, जो लेनदार को मूल ऋणी के विरुद्ध प्राप्त हों प्रतिभू द्वारा उस सबके जिसके लिए वह दायी हो, संदाय या पालन पर प्रतिभू में विनिहित हो जाते हैं।

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