Legal Question in Banking Law in India
accountability of surer for personal loan ..in case of default by borrower
Asked on 11/11/16, 9:29 pm
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
12.11.2016
Dear Sir / Madam,
The surety or guarantor remains accountable and liable to repay the personal loan in case of default by the borrower.
Regards,
Answered on 11/11/16, 9:33 pm
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