Legal Question in Mediation in India

the sriram chit fund company had given 19 chits worth rs50,00,000 and pl loans worth10lakhs to a person.i stood guranteer for 5chits 3personal loans.now the person is enjoying.the chit company is forcing me to pay .In this regard i wd like to know can chit company release such huge amounts to a single man?eventhough he was a defaulter;


Asked on 5/13/11, 12:55 am

1 Answer from Attorneys

Sanjay Kalra Sanjay Kalra & Associates

Yes

Read more
Answered on 5/13/11, 1:03 am


Related Questions & Answers

More Mediation questions and answers in India