Legal Question in Credit and Debt Law in India

recovery of a loan directly from gauranteer,it is possible? what is the view on recovery of loan from guaranteer? any supreme court decision which is in favour of gauranteer


Asked on 9/28/10, 1:22 am

1 Answer from Attorneys
Vishwa Arya Arya & Co.

a supreme court decision says that the lendor must exercise remedy against the principal borrower before chasing guarantor

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Answered on 9/28/10, 8:31 am


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