Law Relating to Guarantees

Since its first edition the author has kept on further improving it for better, clear, informative and beneficial use of its readers. Subjects relating to guarantees and all other allied topics e.g., contract of indemnity, consideration, surety's rights and liabilities, letter of credits, applicability of law of limitation on bank guarantees etc., have been lucidly explained thereby making the book more exhaustive and explanatory. The book contains different chapters dealing with different aspects of the subject, which are further categorised into different sections for easy access and readability. Recent and updated case-law have been elaborately dealt with and placed at appropriate places. Apart from including various proformas of guarantees for easy and ready reference and use, it also includes proformas of indemnity bonds useful for the banks. Various international documents relating to the subject update the readers with the latest information.