Legal Question in Banking Law in India

If a banker makes fundamental changes in contract without the knowledge and consent of guarantor, what are the options available to guarantor.


Asked on 5/31/11, 2:10 am

5 Answers from Attorneys
Arent Lievens Advocates Lievens & Lievens

Then the onesided changes are not applicable.

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Answered on 5/31/11, 3:07 am
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

to withdraw his guarantee.

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Answered on 5/31/11, 4:45 am
Sanjay Kalra Sanjay Kalra & Associates

You have remedies under the criminal laws and civill laws.

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Answered on 5/31/11, 9:40 am
Professor SOMNATH MUKHERJEE MUKHERJEE ASSOCIATES(Cell +91 9874753359/ 9477781578)

you may withdraw the guarantee in this change system

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Answered on 6/01/11, 6:55 am
J. Radhakrishnan independent Practice

The guarantee won't be binding on the guarantor if the contract he has signed has been altered without his authentication.

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Answered on 6/03/11, 8:07 pm


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