| • प्रतिभूत्व की संविदा | |
| contract: स्वीकृत हात नियम | |
| of: स् का की पर बाबत | |
| suretyship: प्रतिभूत्व | |
contract of suretyship meaning in Hindi
contract of suretyship sentence in Hindi
Examples
- The earliest known record of a contract of suretyship is a Mesopotamian tablet written around 2750 BC . Evidence of individual surety bonds exists in the Code of Hammurabi and in Babylon, Persia, Assyria, Rome, Carthage, among the ancient Hebrews and ( later ) in England.
- A surety most typically requires a guarantor when the ability of the primary obligor or " contract of suretyship is subject to the Statute of Frauds ( or its equivalent local laws ) and is only enforceable if recorded in writing and signed by the surety and by the principal.