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N.D. LEASING CORPORATION versus NATIONAL FIBERS LTD.

Section 9 Contract Act (1X of 1872), Sections 133, 134 and 135 of the Civil Procedure Code (v. 1908), OXXII, RI Bank Loan Recovery Procedure Therefore, filing a fresh lawsuit guarantees proceedings against the guarantors of principal loans. Whether the suit on the basis of the agreement between the bank and the financial institution was withdrawn as a result of the agreement between the financial institution and the principal loaner, the guarantor's principal loaner also made no agreement to pay in the future. No payment nor any orders were given The second case was set up when the contract was contracted and it was referenced in the application under A. XXIII RA, CPC, saying that they would not be allowed to return to the original position, saying that they were fresh. The suit is safe to enter. The fresh suit will not be on it or an important matter, but in the present case, the Guarantors cannot be held liable because when the parties have reached a compromise, the suit will be dismissed against the sureties. Was done. best advocate from Daulat Pur lawyer