Supreme Court · 1968 INSC 100 · Decided 11 April 1968
Amrit Lal Goverdhan Lalan v. State Bank of Travancore & ORS.
- Court
- Supreme Court of India
- Citation
- 1968 INSC 100 · [1968] 3 S.C.R. 724
- Case number
- CIVIL APPEAL No. 930/1965
- Decided
- 11 April 1968
- Bench
- J.C. SHAH, V. RAMASWAMI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 140
Headnote
GOVERDHAN LALAN v. STATE BANK OF TRAVANCORE & ORS. April 11, 1968 [J. C, SHAH AND V. RAMASWAM!, JJ.J Indian Contract Act (9 of 1872), ss. 133, 135 and 141-Variance in -tern"iS of contract-When to be infe"ed-'Promise to give time to prin• cipal debtor', in s. 135-What amounts in the Bank a cash credit account to the extent of Rs. I 00,000 to be secured by goods to be pledged with the llMlk. Clause 9 of the agreement provided that the borrowers shall be res­ ponsible for ~ quantity and quality of goods pledged. The appellant executed a letter of guarantee in favour
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