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Does the indemnifying guarantor have the right to demand the rescission of the original contract concluded between the principal debtor and the creditor?

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The indemnifying guarantor does not have the right to demand the rescission of the original contract concluded between the principal debtor and the creditor, as he is not a principal party to the contract. Rather, his right is limited to recourse against the principal debtor for the amount he has...

The indemnifying guarantor does not have the right to demand the rescission of the original contract concluded between the principal debtor and the creditor, as he is not a principal party to the contract. Rather, his right is limited to recourse against the principal debtor for the amount he has paid.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

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Saudi Law - Article

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Saudi Law - Article

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