Back in 2002 me and two other people stood as a guarantor for an ex-colleague of mine with Sriram Chit Funds in Bangalore. I dont even remember the amount but thik it was around 50k. On Friday I got a letter from the Civil Court asking to come for a case of me vs Sriram Chit Funds. At first I was not sure on what this was and later I realized it could be as I stood guarantor for my ex-colleague. Right now I have no contact with this ex-colleague and am not sure even if he is in Bangalore.
My mother is the one who accepted the letter. Currently I am not sure on what to do. Should I go to the court? Or just ignore the letter. What can happen if I dont go to court?
