Legal Question in Banking Law in India

I am director of a company. the company settles a bank loan and enters CIBIL defaulters list. Will I be treated a defaulter

Asked on 6/20/13, 3:31 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

20.06.2013

Dear Sir / Madam,

A Company is an entity independent of its Directors. If the Company is a defaulter, it does not construe that the Director is a defaulter.

Regards,

Read more
Answered on 6/20/13, 8:12 am


Related Questions & Answers

More Banking Law questions and answers in India