About Agreement of Guarantee

Querist : Anonymous (Querist) 18 July 2016 This query is : Resolved
My father signed as a guaranter in his friend's loan before 3 years in CO operative Society. But now my father is no more, He died before 1 year. But his friend has not completed his loan yet. Can I do the process of share transfer in society as heirship or not?
After death of guaranter, Is contract void or not?
This type of guarnatee is said general guarantee or continuing guarantee?

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Kumar Doab (Expert) 18 July 2016
Anonymous query is not replied.

R.K Nanda (Expert) 18 July 2016
No reply to aq.

Rajendra K Goyal (Expert) 19 July 2016
No reply to query from anonymous author.

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