Legal Question in Banking Law in India

I was 3 percent share holder and personnel gurantor in one pvt ltd co , the same company defaulted n became npa. At the same time i hv a established pvt ltd company where my previous co or there directors are not share holder it is fully owned by my family . THE PSU BANK TREATED MY OCMPNAY AS SISTER COMPANY OF THE DEFAULTED COMPANY ,

CAN THEY TREAT MY COMPANY AS SISTER CO . SUGGEST LAW IN THE MATTER . TKS


Asked on 1/28/14, 5:38 am

1 Answer from Attorneys

I will need to know more factsa in order to advice and are there any documents which colink the companies?/ for further query contact 9312411481

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Answered on 1/28/14, 7:27 am


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