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Limited Liability Guarantees in Bank Loans: Caps, Proportionate Liability & Drafting

9 Aug 2026 · 9 Aug 2026By Ashok Kakkar

Limited guarantees can cap a guarantors liability by amount, percentage or facility under Sections 128, 146 and 147 of the Contract Act. The post Limited Liability Guarantees in Bank Loans: Caps, Proportionate Liability & Drafting appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

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