Section: 129. "Continuing guarantee".
A guarantee which extends to a series of transactions,
is called a "continuing guarantee"."
Company Appeal ... second clause of the
guarantee bond in that case was in the following
terms:
"This guarantee shall be a continuing
guarantee and shall apply
sold in the public auction cannot continue to be held as a security based on
the continuing guarantee given by the petitioner. The learned counsel ... this guarantee agreement is in the nature of personal guarantee given by the
petitioner. The respondent Bank is attempting to read this continuing
guarantee agreements
sold in the public auction cannot continue to be held as a security based on
the continuing guarantee given by the petitioner. The learned counsel ... this guarantee agreement is in the nature of personal guarantee given by the
petitioner. The respondent Bank is attempting to read this continuing
guarantee agreements
sold in the public auction cannot continue to be held as a security based on
the continuing guarantee given by the petitioner. The learned counsel ... this guarantee agreement is in the nature of personal guarantee given by the
petitioner. The respondent Bank is attempting to read this continuing
guarantee agreements
Section: 129. "Continuing guarantee".
A guarantee which extends to a series of transactions,
is called a "continuing guarantee"."
Company Appeal ... Guarantee. Para 2 of Deed of Guarantee states
that the guarantee restricted to the sum of Rs.62 Crores, which was a
continuing guarantee
relieve
you from your guarantee liability. Please note that
your guarantee and mortgage security will continue
_____________
https://www.mhc.tn.gov.in/judis
Page ... Unless, the plaintiff offered a continuing guarantee and
renewed his liability or the plaintiff offered the said security offered
earlier for subsequent liability incurred
Deed of Guarantee dated 03.10.2013, it was a 'Deed of continuing
Guarantee' which required the 'Corporate Debtor' to repay the amount ... unconditional and irrevocable Deed of Guarantee. The Deed of
Guarantee also clearly mentioned that the Deed is a continuing one and
shall remain in force
personal guarantee and third party
collateral given to Financial Creditors to secure the debt of the
Company and FPL shall continue with such respective Financial ... personal
guarantee and the third part collateral given to Financial Creditors to
secure the debt of „the Company‟ and FPL continued and such
financial creditors
lenders. As per
the said guarantee executed by the Respondent Company, the guarantee shall
be a continuing guarantee and shall remain in full force till ... lenders. As per the said guarantee executed by the Respondent
Company, the guarantee shall be a continuing guarantee and shall remain in
full force till
repayment of plaintiff's dues
e) Agreement of Continuing Guarantee dated 28.09.2013 executed
by defendant No.1 guaranteeing repayment and due discharge ... fell due to plaintiff
from defendant No.1
f) Agreement of Continuing Guarantee dated 28.09.2013 executed
by defendant No.2 guaranteeing repayment and due discharge
