Indian Contract Act, 1872
Section - 43 - Any one of joint promisors may be compelled to perform
Any one of joint promisors may be compelled to perform
43. When two or more persons make a joint promise, the promisee may, in the absence of express agreement to the contrary, compel any one or more of such joint promisors to perform the whole promise.
Each promisor may compel contribution : Each of two or more joint promisors may compel every other joint promisor to contribute equally with himself to the performance of the promise, unless a contrary intention appears from the contract.
Sharing of loss by default in contribution : If any one of two or more joint promisors makes default in such contribution, the remaining joint promisors must bear the loss arising from such default in equal shares.
Explanation : Nothing in this section shall prevent a surety from recovering from his principal, payments made by the surety on behalf of the principal, or entitle the principal to recover anything from the surety on account of payments made by be principal.
Illustrations
| (a) | - | A, B and C jointly promise to pay D 3, 000 rupees, D may compel either A or B or C to pay him 3, 000 rupees. |
| (b) | - | A, B and C jointly promise to pay D the sum of 3,000 rupees. C is compelled to pay the whole. A is insolvent, but his assets are sufficient to pay one-half of his debts, .... To read the full section download the app from Google Play store
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30 June 2026
Article Assistant or Paid AssistantVIKAS VERMA & CO New Delhi Others View Details
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24 June 2026
ARTICLE ASSISTANTBHUPINDER SHAH AND COMPANY New Delhi CA Inter View Details |
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