A woman who being a director in a pvt ltd company gives personal guarantee against loan from a PSU bank taken by the company.Can she buy a residential property in her name after default and claim protection under Women's marriage PRotection Act.
RAJ AGARWALA (proprietor) 18 July 2012
A woman who being a director in a pvt ltd company gives personal guarantee against loan from a PSU bank taken by the company.Can she buy a residential property in her name after default and claim protection under Women's marriage PRotection Act.
Rajeev Kumar (Lawyer/Advocate) 19 July 2012
RAJ AGARWALA (proprietor) 19 July 2012
But wont bank will have the right to attach the property as she has given her personal guarantee