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Gurantee on pl

(Querist) 17 April 2012 This query is : Resolved 
Let us guide for change of Guarantor from PL
due to non - payment of loan by Borrower. or guide us for any legal action against borrower.
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ajay sethi (Expert) 17 April 2012
issue legal notice to guarantor . liability of principal debtor is coextensive with that of guarantor. file suit for recovery of loan amount
Shonee Kapoor (Expert) 17 April 2012
Nothing to add.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com
prabhakar singh (Expert) 20 April 2012
Do as advised.

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