Legal Question in Real Estate Law in India

i am guarrantor in vehicle loan from bank . borrower became defaulter . bank ceased the vehicle and filed a case in DRT against us .can my property(movable & unmovable ) be saved ? how ? which property will be atatched ?


Asked on 6/17/12, 8:49 am

2 Answers from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

in case the bank is able to satisfy the loan by selling the vehicle, no liability qua other properties of borrower or guarantor would arise.

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Answered on 6/17/12, 9:55 am
Shrichand Nahar S.V.Nahar, Advocate

May be.

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Answered on 7/19/12, 1:42 am


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