GURANTOR LIABALITY
Anup
(Querist) 07 December 2017
This query is : Resolved
I was the gurantor of my father loan account declared NPA bank sold both of my properties. Now my name is in ECGC SAL . As I have already suffered can I claim the relived or bank can further claim from me the remaining dues. Pls suggest
N.K.Assumi
(Expert) 08 December 2017
Agree with the expert.
Prakash Ramchandani
(Expert) 16 January 2018
dear anup my expert advice in npa for guarnter is as under
practising as consultant since 15 years
law of natural justice say that a man cannot be punished for twice for a same deed since 1951 a black and white picture kanoon you can see
staring ashok kumar.....
here there are various judgement and petition which are quashed and writ petition is filed
you definatetly can file the counter claim against bank considering all the facts if you provide a expert lawyer of to me
free consultation first time on phone 9428076082
then i candraft petetion on your contents you provide... depending upon your amount ... losss etc
provided if you are business man or etc... all you have to provide
Sudhir Kumar, Advocate
(Expert) 17 January 2018
As guarantor you are liable to pay. Soon you do better it is so that less interest is accrued.
Prakash Ramchandani
(Expert) 17 January 2018
SIr,
paying the liability is not question ,
i am sorry to mention that thae bank had sold properties and recovered the amount
and the matter is over so the name of the guarantee from cibil shall be removed
sir please read the query and reply sir dont mis guide instead ask query
sorry for counter objection
it is part of law
sorry and obliged
Prakash Ramchandani
(Expert) 17 January 2018
further if you wish to resolve the problem then you are liable for the guaranteed amount only not more than it.. but further what is the other condition shall be explained as i asked
