The surety is discharged from his liability on 6 circumstances. Among the six, first three are the continuing guarantee. They are as follows :
By revocation by the surety
By death of the surety
By variance i terms and conditions of the original contract
By release or discharge of the principal debtor
By composition of the creditor by giving time to the principal debtor and not to sue him
By any act or omission from the contract
By loss of security
By revocation by the surety
By death of the surety
By variance i terms and conditions of the original contract
By release or discharge of the principal debtor
By composition of the creditor by giving time to the principal debtor and not to sue him
By any act or omission from the contract
By loss of security
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