Summary: The Supreme Court held that a guarantor’s liability is co-extensive with that of the principal debtor unless the guarantee contract states otherwise, reinforcing enforcement options available to creditors before Debt Recovery Tribunals.
On Guarantor Liability in Debt Recovery Proceedings
| Court | Supreme Court of Nepal |
| Case No. | NKP-2079-1234 |
| Judgment Date | 2079/06/15 B.S. |
| Citation | NKP 2079, Vol. 6, Decision No. 1234 |