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socially backward (Social worker)     19 November 2013

need advice on bank guarranter

if the husband stood guarranter to d borrower to a nationalised bank without the knowledge n consent of wife( job holder),if the borrower fails to repay,will there be any obligation for wife for repay,if the husbandalso fails?


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SHIRISH PAWAR, 7738990900

SHIRISH PAWAR, 7738990900 (Advocate)     20 November 2013

No wife will have no obligation to repay the dues of husband.

T. Kalaiselvan, Advocate

T. Kalaiselvan, Advocate (Advocate)     21 November 2013

The husband gave a guarantee on his individual capacity so the wife has nothing to do with it.


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