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DHARMENDRA RAO Y   07 September 2018

repayment of loan from guarrantor

I am working in co operative bank .I was standing as guarantor for my friend for his site purchase loan from same institution .now account become npa .they can recover from salary of their emi if it's any sarfaesi act wl their a for recovering from guarrontor ..pls suggest me tq


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K Chakraborty

K Chakraborty   08 September 2018

no there are no as such direction in the sarfaesi act to collect the money from guarantor
DHARMENDRA RAO Y

DHARMENDRA RAO Y   10 September 2018

ok thank you sir

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