Legal Question in Banking Law in Pakistan
what is the difference between dishage of guarantee and release of guarantee?any statutory and case law differentiating both.
Asked on 12/09/10, 9:37 pm
1 Answer from Attorneys
muhammad ahmad
mian law associates
discharged of guarantee means no further liability because you have paid it,,, release of guarantee means guarantee has not been paid yet but you are free not to pay,,
Answered on 12/12/10, 5:21 am
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