Legal Question in Banking Law in India
please let me know if a director of a company to which we are providing credit limits is director in any bank how it will affect our funding
Asked on 8/20/10, 1:42 am
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
If he is not a director in your bank/ or financing agency, it will not affect your funding the company in which he is a director and a director in another bank.
Answered on 8/22/10, 9:39 am
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