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1932 (3) TMI 24 - MADRAS HIGH COURTExtract: ....... nor do such persons occupy a position analogous to that of a surety strictly so called to attract the provisions of Section 141 of the Contract Act. 9. For the above reasons, I must hold that the appellant is not entitled to the benefit of the security held by the Indian Bank against the insolvent. I would therefore dismiss this appeal with costs.
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