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Rights of Surety

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  The contract of guarantee is also known as the Contract of  Suretyship . Section 126 of the Indian Contract Act, 1872 defines the Contract of guarantee - a "contract of guarantee” is a contract to perform the promise, or discharge the liability, of a third person in case of his default. The person who gives the guarantee is called the “surety”. Surety is also known as Guarantor.     Rights of Surety : 1) Rights of surety on payment or performance :              According to Section 140 of the Indian Contract Act 1872, where a guaranteed debt has become due, or default of the principal debtor to perform a guaranteed duty has taken place, the surety upon payment or performance of all that he is liable for, is invested with all the rights which the creditor had against the principal debtor. 2) Surety's right to benefit of creditor's securities (Section 141) :         According to Section 141 of the said Act, ...
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Jio, Google will develop smarter and cheaper JioPhone with Android OS for India

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Jio, Google will develop smarter and cheaper JioPhone with Android OS for India At the Annual General Meet (AGM) 2020 today Reliance announced it is developing an  Android -based operating system in partnership with  Google . Mukesh Ambani announced that Jio Platforms and Google have entered into a commercial agreement to develop entry-level affordable smartphones with optimizations to the Android operating system and Play Store. At the digital AGM Ambani said, “Google and Reliance Jio are partnering to build a value-engineered Android-based smartphone operating system. Through this partnership, we can accelerate the national mission of putting a smart device in the hands of every Indian.” With this initiative, Ambani wants India to be “2G mukt” soon and offer affordable “4G or even 5G” smartphones running on Android-based operating system. READ |  Reliance Jio to launch ‘Made in India’ 5G network: Mukesh Ambani Ambani said “even though we have sold ove...
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Samsung galaxy m51 The Meanest monster launched today (10.09.2020) for Rs 24,999

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  Samsung Galaxy M51 The Meanest monster launched today (10.09.2020) for  Rs 24,999                                      According to this post revealed in Amazon.in.  Samsung launched their next m series smartphone m51.  Samsung compared this smartphone with a monster.  so many peoples are waiting for this smartphone as the first M series smartphone to have a great Snapdragon 730G Chipset and a massive 7000 mah battery with 25 watts fast charger .                                                  As in this post Samsung would launch their m51 with the Snapdragon 730g processor. As it was a wonderful midranger processor which was built with 8nm structure.                   In the M51 Samsung has improve...
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