16 September 2009
A - father of B, is a surety for a debt owed by X to Y. Subsequently A dies. Will B be liable to Y if X fails to repay the debt? Pls cite any case law if possible.riven
16 September 2009
Well A entered into Suretyship in his personal capacity which is nt inheritable. so his succesor will not be liable as surety after his death,riven
16 September 2009
Well A entered into Suretyship in his personal capacity which is nt inheritable. so his succesor will not be liable as surety after his death,riven
16 September 2009
Well A entered into Suretyship in his personal capacity which is nt inheritable. so his succesor will not be liable as surety after his death,riven
17 September 2009
A's all the successor or one of them, who got property of 'A' is liable to the extent of they got property after the death of 'A' as a successor.riven
After the commencement of the Hindu Succession Act 2005 no court shall recognise any right to proceed against a son, grandson, or great grand son, for the recovry of any debt due from his father, grandfather or great grandfather soley on the ground of the pious obligation under the Hindu Law, of such son, grandson, or great grand son, to discharge any such debt. riven