Stipulation by way of Penalty | ‘A’ borrows Rs.100/- front ‘B’ and gives him a bond for Rs. 200/-, payable by five yearly installments of Rs. 40/- with a stipulation that in default of payment of any installment, the whole shall become due. Can ‘A’ get any relief?

Last Updated on 5 hours by Admin LB Question: Stipulation by way of Penalty | ‘A’ borrows Rs. 100/- front ‘B’ and gives him a bond for Rs. 200/-, payable by five yearly installments of Rs. 40/- with a stipulation that in default of payment of any installment, the whole shall become due. Can ‘A’ get any relief?…

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