Contract 131 to 133
Section 131 . Revocation of continuing guarantee by surety's death The death of the surety operates in the absence of any contract to the contrary as a revocation of a continuing guarantee so far as regards future transaction .but transaction before his death will be recovered from his legal heir Explanation ----according this section whenever there is no clear provision in contract if surety dies , guarantee is ended automatically.there is no liability of surety and his heir after his death . Section 132.liability of two persons ,primarily liable ,not affected by agreement between them that one shall be surety on other 's default -----where two persons contract with a third person to undertake a certain liability And also contract with each other that one of them shall be liable only on the default of the other The third person not being a party to such of such two persons to third person under the first contract is not affected by the existe...