India  |  Banking Law

Legal Question

Asked on: 9/11/13, 7:01 pm

my uncle was director of a company,he along with other directors is said to have issued a continous deed of guarantee during 1994,my uncle resigned from director soon after,he passed away in dec 2002,now in 2013 the bank says they are going to take legal action upon my uncle estates,my cousins had no knowledge about this till now,can bank take legal action,how can my cousins defend themselves.

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