Legal Question in Banking Law in India
My brother is defaulter in a bank,for which I am not a guarantor,but he has given my cheque to the bank& the bank has filed a case ag me as holder in duecourse ,please suggest me about my defence.
Thanks & Regards
Basanna
Asked on 11/30/09, 8:05 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
you can plead before the court that you are neither the borrower nor the guarantor of the loan and file a petition for quashing in the high court.
Answered on 12/01/09, 2:02 am
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