Legal Question in Banking Law in India
whether a bank can recover the loan from a widow which is taken by her husband during his life-time? which is proper forum to take action against the bank?
Asked on 9/18/12, 1:59 am
2 Answers from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
Bank can recover the loan from all the legal heirs of the deceased and that includes the widow as well.
Answered on 9/18/12, 2:52 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
depends on type of loan and terms & conditions agreed between the borrower (your husband) and lender.
Answered on 9/21/12, 5:01 am
Related Questions & Answers
-
How can I know the date of issuance of a pan card of my employee. Asked 9/16/12, 7:34 am in India Banking Law
-
In the banking law legal heir is a third party? the case is my friend wants to know... Asked 9/15/12, 11:36 pm in India Banking Law
-
Hello sir My dad was guarantor for the load of some other , and now borrower obscond... Asked 9/15/12, 1:42 pm in India Banking Law
-
My mother passed away in India and left an FD without nominating anyone in a bank in... Asked 9/14/12, 1:49 pm in India Banking Law
-
I had ssued 4 cheques to my supplier for a scurity perpose, but now he is not... Asked 9/14/12, 1:45 pm in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
