Legal Question in Business Law in India

can a partnership firm stand as a guarantee for another?


Asked on 10/05/11, 2:51 am

4 Answers from Attorneys

Sanjay Kalra Sanjay Kalra & Associates

yes

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Answered on 10/05/11, 3:09 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

yes thru its partners

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Answered on 10/05/11, 6:11 am
KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

yes thru its partner .......

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Answered on 10/07/11, 2:47 am
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

if it is a personal guarantee, then only the partners in their individual capacity can stand guarantors even if the firm stands guarantee.

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Answered on 10/10/11, 1:09 am


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