Legal Question in Banking Law in India
I am director of a company. the company settles a bank loan and enters CIBIL defaulters list. Will I be treated a defaulter
Asked on 6/20/13, 3:31 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
20.06.2013
Dear Sir / Madam,
A Company is an entity independent of its Directors. If the Company is a defaulter, it does not construe that the Director is a defaulter.
Regards,
Answered on 6/20/13, 8:12 am
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