Legal Question in Banking Law in Pakistan
how a co-leder or participant can come out of syndicated finance agreement?what wud be the legal consequence?can a participant can pursue against borrower independently withreference to his money?
Asked on 5/08/10, 10:17 am
1 Answer from Attorneys
Actually its the syndicated finance agreement which decides what happens in case of one of the variant possibilities happens. in a possible case like yours only the detailed history and the agreement signed between the syndicated finance group and the corporate borrower is to be seen to anticipate an action and can or can not strategy. after all an option of joint and several action is there subject to some conditionality.
Answered on 5/09/10, 12:52 am
Related Questions & Answers
-
My husbanh has three bounced checks issue, he is in camp jail since June 2009. one... Asked 5/07/10, 2:49 am in Pakistan Banking Law
-
What happened when the customer of the bank die? the question is about person who... Asked 5/05/10, 12:38 am in Pakistan Banking Law
-
Pari passu charge on assets of a company - what would be basis for proportionat... Asked 4/21/10, 4:38 am in Pakistan Banking Law
-
What is ranking charge.what is the difference between ranking charge and pari passu... Asked 4/12/10, 8:46 am in Pakistan Banking Law
-
What is the bounch cheque penelty chrages in pakistan, new rules & regulation... Asked 3/30/10, 12:23 am in Pakistan Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
