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


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.


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

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