Surety not discharged due to time extension by creditor

Is there a precedent case stating surety not getting discharged on creditor's impartmemt of extra time to principal debtor without any involvement of third party.
NOTE- it covers section 135 and not 136

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2 Replies

P. Venu (Advocate) 07 September 2019

Please post the material facts.

Ravi Srivastava 10 September 2019

Principal debtor's company defaulted on it's term of Contract of shipping the "touchscreens" in 4 weeks.
The creditor being the family friend to P.D. "extended the time" but surety sued them for it's discharge from the contract on this ground.

I represent the defendant