Legal Question in Banking Law in India

whether banker can obtain a personal guarantee from a foreigner


Asked on 7/30/10, 4:32 am

2 Answers from Attorneys
Fahri Toga TOGA//OKSUZ

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Fahri TOĞA

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Answered on 7/30/10, 5:50 am
J. Radhakrishnan independent Practice

It depends upon the proposed loan and the foreigner's connection with the loan and his financial status. Technically there is no bar for getting a foreign national's guarantee. But it depends upon the enforceability

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Answered on 7/30/10, 8:11 am


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