Legal Question in Banking Law in
are the legal heirs liable to pay off faters liablity as a guarantor
Asked on 7/30/10, 12:25 am
2 Answers from Attorneys
Pravin Vaidya
Independent
Yes to the extent of property of father inherited by them and against which court has passed the decree
Answered on 7/30/10, 7:19 am
J. Radhakrishnan
independent Practice
If they have inherited any assets from their father, those assets are liable to be proceeded in their hands in execution of the decree. if any, passed against them
Answered on 7/30/10, 9:59 pm
Related Questions & Answers
-
Respected Sir, I am holding CC account with nationalised bank and My wife is also... Asked 7/29/10, 7:44 pm in India Banking Law
-
I have a home loan with icici bank wherein the bank have charge me more then 95%... Asked 7/29/10, 1:53 pm in India Banking Law
-
Since when saturday has been declared as public holiday under Negotiable Instruments... Asked 7/29/10, 6:56 am in India Banking Law
-
District nilam patra padadhikari send me a warrent against my bank loan what can i... Asked 7/29/10, 6:06 am in India Banking Law
-
Should the Par-Passu be for 100% security or it can be of any part of the security? Asked 7/29/10, 1:32 am in India Banking Law