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[Cites 0, Cited by 0] [Section 146] [Entire Act]

State of Jammu-Kashmir - Subsection

Section 146(b) in Jammu and Kashmir Contract Act, Svt. 1977 (1920 A.D.)

(b)A, B and C are sureties to D for the sum of 1,000 rupees lent to E and there is a contract between A, B and C that A is to be responsible to the extent of one-quarter, B to the extent of one-quarter and C to the extent of one-half. E makes default in payment. As between the sureties, A is liable to pay 250 rupees, B 250 rupees and C 500 rupees.