Legal Question in Banking Law in India
sir one of my2 friends taken loan from bank both partes borrowers and guaranters each. one of my friend paid.70% loan as a guaranter after some time bank and another friend colluded and sale by private treaty vary low price as per engeeners estimation is one crore but bank sale by 40 lakhs onley we would like to know is there any remedy for our first paid 70% ammount
Asked on 6/18/13, 5:16 am
2 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
18.06.2013
Repeat query ... already answered.
Answered on 6/18/13, 5:22 am
J. Radhakrishnan
independent Practice
If you are a guarantor u can assail the sale in DRT.pl. consult local lawyer and proceed.
Answered on 6/19/13, 5:09 am
Related Questions & Answers
-
Sir, we have constructed some godowns by taking loan but they sold the godowns which... Asked 6/18/13, 4:41 am in India Banking Law
-
Details about private treaties the bank has sold some of our property on the name of... Asked 6/18/13, 4:24 am in India Banking Law
-
Is clearing a cheque in second attempt a criminal offence? Does it damage the... Asked 6/16/13, 4:30 am in India Banking Law
-
Hi did not paid 3 months installments for credit card to hdfc and bank has placed... Asked 6/16/13, 2:12 am in India Banking Law
-
Dear concern, We were un-infromed of My father being a guarantor in a bank... Asked 6/15/13, 1:40 am in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
