LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

vinod raina (CS)     31 July 2015

Npa account

Dear All, My query is regarding the NPA Account. If a company account has become NPA and the director has given the personal guarantee for the loan, What will be the impact on the other group company, where the director are common? Whether that account will also be treated as NPA?

There are two different banks in both the comapnies?

 

 



Learning

 1 Replies

cyberlawyer (barrister)     31 July 2015

If the director has given a personal guarantee, i dont think the other group company will be impacted. 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading