Legal Question in Banking Law in India

BANK guarantee sign to friend

my friend and myself got a personal loan from a co operative bank for co lateral guarantee. i paid the loan completly and my friend escaped. now i am unable to find him and bank asking me to repay his dues. a property in his name is running by his father not responding. Plz help me to get rid of this issue


Asked on 7/26/08, 11:02 am

1 Answer from Attorneys

Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: BANK guarantee sign to friend

Contact a local lawyer with details for proper guidance.

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Answered on 7/28/08, 2:19 am


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