Legal Question in Banking Law in India

Was it not the bank responsibility to find another guarantor rather than making guarantors legal heir's as responsibility.


Asked on 3/08/10, 8:45 am

1 Answer from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

No. It is not the guarantor's legal heir's responsibility also. It is the responsibility of borrower to provide another guarantor.

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Answered on 3/08/10, 5:04 pm


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