Question

Who is a Joint Promisors?

Answer 1

Joint Promisors:

(a) Devolution of Joint Liabilities (Section 42)
Section 42 of the Indian Contract Act lays down that “When two or more persons have made a joint promise, then unless a contrary intention appears in the contract, all such persons, during their joint lives and after the death of the last survivor, representatives of all, jointly must fulfill the promise”

(b) Devolution of Joint Rights (Section 45)
“When a person has made a promise to two or more persons jointly, then unless there is a contract to the contrary, the right to claim performance rests as between him and them, with them during their joint lives and after the death of them with representatives of such deceased person jointly with survivors, and after the death of the last survivor, with the representatives of all jointly”.