Removal guranter name from ECGC specific approval list
Querist :
Anonymous
(Querist) 15 December 2010
This query is : Resolved
Dear Sir,
We have got packing credit limit from Indian Overseas bank and Canara Bank for our garment export business in the year 1992.But due to loss in the business our unit has got sick we were not able to run after year 1999.Therefore the above both banks has been filed suit at DRT in the year 2000,hereafter we have made OTS settelement for the both banks and got a NOC letter from them.But the ECGC is still keeping the guranter names of our firm in their specific approval list. Now please let us know that what step we should take for remove the guranter's name from the ECGC "SAL"
Rakesh Jain
(Expert) 16 March 2014
Please contact on 8130009681 or rakesh.caiib@gmail.com giving full details of the matter concerned in case the names are not removed yet. It is good case and could be handled positively.
Rakesh Jain
(Expert) 16 March 2014
Please read the words in 2nd line as *in case the names are not removed yet".
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