specific clause in the deed of continuing guarantee that the
"guarantee shall be a continuing one and shall remain in full
force and effect ... unconditional
guarantee Personal Guarantee of Mr. Suresh Shahra.
No guarantee commission shall be payable by the
company to the guarantor.
Corporate Guarantee: An irrevocable
Silverline Motors Pvt. Ltd. submitted various documents including a letter of continuing guarantee dated 30th November, 2005 by the respondent in favor of the petitioner ... petitioner has produced the letter of continuing guarantee alleged to be signed on behalf of the respondent by Neelam Sharma as Director of respondent
guarantee and by drawing attention to some of the clauses contained
in the said deed, has submitted categorically that the said personal
guarantee is continuing ... conjoint reading
of these clauses and deed of guarantee is clearly suggesting that this
guarantee is continuing, it has clear nexus to the original credit
guarantee and by drawing attention to some of the clauses contained
in the said deed, has submitted categorically that the said personal
guarantee is continuing ... conjoint reading
of these clauses and deed of guarantee is clearly suggesting that this
guarantee is continuing, it has clear nexus to the original credit
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
continuing guarantee and they are bound to indemnify the petitioner
corporation and the guarantee offered by them continues till all the dues
of the Corporation ... personal guarantee against
respondents No.2 to 4 on 25.02.2000.
62. The petitioner corporation is enforcing the deeds of guarantee
and personal guarantee executed
with the Bank,
468
that the guarantee was to be a continuing guarantee for the
ultimate balance which shall remain due to the Bank ... with your Bank.
(2) I declare that this guarantee shall be
continuing guarantee and shall not be
considered as cancelled or in any way affected
distinctive nature of a continuing wrong is that the law that is violated makes the wrongdoer continuously liable for penalty. A wrong or default which ... continue to do that Act. Breach of a covenant to keep the premises in good repair, breach of a continuing guarantee, obstruction to a right
complete but whose effect may continue to be felt even after its completion is, however, not a continuing wrong or default. It is reasonable ... continue to do that act. Breach of a covenant to keep the premises in good repair, breach of a continuing guarantee, obstruction to a right
distinctive nature of a continuing wrong is that the law that is violated makes the wrongdoer continuously liable for penalty. A wrong or default which ... continuing one do that act. Breach of a covenant to keep the premises in good repair, breach of a continuing guarantee, obstruction to a right
