Lecture - 40 Types of Guarantees | CA Foundation | CS Aarti Vishwakarma

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In this video we will talk about Types of Guarantees By CS Aarti Vishwakarma.

CS Aarti Vishwakarma
Indian contract act 1872
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ca foundation law

Time Stamp:
✦ 00:00 - Intro
✦ 00:14 - Types of Guarantees: Specific and Continuing Guarantee
✦ 03:17 - Types of Guarantees - Specific and Continuing
✦ 09:10 - Explanation on types of guarantees
✦ 12:11 - A guarantees payment to B for C's defaults
✦ 17:07 - Guarantees can be unconditional or conditional.
✦ 19:12 - Understanding the rights and limitations of a third party indemnified in guarantee contracts
✦ 23:39 - Guarantees impact the liability of the principal debtor.
✦ 25:30 - Understanding the sequence of guarantees and liabilities.
✦ 29:43 - When a guarantee is revoked, the surety is not liable for future transactions but remains liable for previous transactions.
✦ 32:32 - Understanding the concept of guarantees and rights to salary accrual.
✦ 37:45 - Types of Guarantees and Liability After Death
✦ 40:01 - Variation in terms of contract and its discharge
✦ 44:31 - Different scenarios leading to discharge of debtor and principal debtor.
✦ 46:51 - Discharge of surety in creditor-debtor contract
✦ 51:29 - Guarantees to Promise Not to Sue
✦ 53:53 - Understanding contractual obligations and liabilities

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