Liability of the Guarantor is Joint and Several With the Principal Debtor: SC

Recently, the Supreme Court stated that liability of the guarantor is joint and several with the principal debtor. The bench of Justices Sanjiv Khanna, Dipankar Datta and Prashant Kumar Mishra was dealing with the case involves a writ petition filed by Devendra Kumar Sinha (respondent no. 1) challenging proceedings initiated by the State Bank of

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