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    Indian Kanoon > Indian Contract Act, 1872 > Section 136

    Section - 136. Surety not discharged when agreement made with third person to give time to principal debtor

    Where a contract to give time to the principal debtor is made by the creditor with a third
    person, and not with the principal debtor, the surety is not discharged.

    1. Ins. by Act 24 of 1917, s. 2 and Sch. I.

    Illustration
    C, the holder of an overdue bill of exchange drawn by A as surety for B, and accepted by B, contracts with M to give time to B. A is not discharged.

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