B.U.WAHANE
Central Bank of India – Appellant
Versus
Ali Mohammad & another – Respondent
1. Whether the terms 1 and 7 of the Guarantee Bond override the provisions of sections 133, 134, 139 and 141 of the Contract Act?
2. Whether, an acknowledgement or execution of the promissory note Exhibit 57 by the principal debtor will save the limitation against the sureties-defendant Nos. 2 and 3, though they are neither the parties to the execution nor given their consent?
3. Whether the period of limitation would start running only upon the demand being made to the principal debtor as well as guarantors thereby extending the statutory provisions of limitation of 3 years.
(This ground is not raised in the memo of appeal. Being, agitated during the course of argument it was opposed by t
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