Hareish 24 September 2019
SHIRISH PAWAR, 7738990900 (Advocate) 24 September 2019
Dear hareish,
Bank can recover from borrower and guarantor simultanously. Consult local advocate to initiate legal action against borrower.
Regards,
Dr. MPS RAMANI Ph.D.[Tech.] (Scientist/Engineer) 24 September 2019
How long the case is going on? Do you know that Bank has not taken action against the borrower? Has the borrower got assets from which the amount could be recovered? Generally a surety is needed only when the borrower has no assets to pledge.