Deed of Guarantee

Prem Krishanan (Querist) 13 May 2009 This query is : Resolved
Dear All,

Kindly enlighten me as to whether, a orginal suit can be brought on a Deed of Guarantee (Personal)and obtain attachment of other property and joint property of the guarantor.

Regards

Prem

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Guest (Expert) 13 May 2009
There must be a clause in the Deed of Guarantee regarding 'attachment of properties'; If the individual's property is found to be insufficient by reasons of alienation (in such case it will be a 'wilful default on the part of guarantor', the attachment of joint property can be sought;

Prem Krishanan (Querist) 14 May 2009
thank you very munch for your reply...

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