limitation and guarantee
Querist :
Anonymous
(Querist) 07 March 2019
This query is : Resolved
my friend bindu has executed promisory note of rs 1000000 in year 2010 as she borrowed from ram who was her employer and he forbeared to sue her till 3 years . one of our friend lahari was her surety . ram is threatening to sue her as though debtor is discharged not the surety . if ram sues lahari can lahari can claim back that amt along with interest from bindu can lahari can be indemnified.
Querist :
Anonymous
(Querist) 10 March 2019
my friend bindu has executed promisory note of rs 1000000 in year 2010 as she borrowed from ram who was her employer and he forbeared to sue her till 3 years . one of our friend lahari was her surety . ram is threatening to sue her as though debtor is discharged not the surety . if ram sues lahari can lahari can claim back that amt along with interest from bindu can lahari can be indemnified.
