Legal Question in Civil Rights Law in India
In Bombay Trust Act
Trust can give a guarantee if he obtain the loan from the bank?
Asked on 11/04/08, 6:40 am
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: In Bombay Trust Act
Yes, a Trust can be a guarantor if so provided in the Trust Deed.
Answered on 11/04/08, 6:27 pm
Nasir Butt
Nasir Law Associates
Re: In Bombay Trust Act
Trust is not a Legal Entity, that's why its Trustee may give guarantee and not Trust, itself.
Answered on 11/05/08, 5:03 am
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