Legal Question in Banking Law in India

Dear Sir I am Shri- D J Pakhare from Nashik city I am one of the cheat victim of Internet would like to know a criminal person while opening the Bank account he has to forward a person who would sign is a guarantor in legal terms guarantor also would be Criminal or not thanks look forward me your valued reply. Regards D.J.Pakhare


Asked on 3/06/15, 9:33 pm

2 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

07.03.2015

Dear Shri D J Pakhare,

No, the Bank A/c holder and the person who Introduces the A/c opener being two different persons, if the Bank A/c holder is proved a criminal, it is in no way deemed that the person who introduced the A/c holder is also a criminal.

Regards,

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Answered on 3/07/15, 2:02 am
J. Radhakrishnan independent Practice

It is possible to involve in the action the introducer of the fake account holder as a co-conspirator in the crime.

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Answered on 3/07/15, 4:19 am


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