Legal Question in Civil Litigation in India

Respected sir,
Iam a gaurantor to an absconded barrower,who took around 5 different loans from sreeram finance.apart from these loans he took private loans by giving promisory notes.the barrower has property worth 30 lac on this the private lenders filled cased and asking attachment from his property.
Now,as a gaurantor how can i fight to get some relief ?
I gave surity to 2 personal loans whose due is rs.1.5 lacs and a trade loan due rs.5 lacs.on these 3 loans totally 3 govt employees were given surety.so please provide me your valuable suggestions
thank you sir
Prabhakar

Asked on 8/20/11, 12:28 am

Sanjay Kalra Sanjay Kalra & Associates

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You need everything free of cost despite explaining everything to you in detail. I am shocked.

Answered on 8/20/11, 1:09 am

Bennet Master of Law Bennet Raj Law Office

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You are also jointly and severally liable as per law. You have right to recover from borrower, if u subjected for attachment

Answered on 8/21/11, 10:00 am

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