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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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 2 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     20 November 2013

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

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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