Legal Question in Civil Litigation in India

The loan was taken by A and B was guarantor. There is a valid acknowledgement of debt signed by A. Can B take a stand that in the absence of an AOD signed by him Bank cannot proceed against him ? Is there any Supreme Court decision on the issue?


Asked on 5/24/12, 4:53 am

1 Answer from Attorneys

Sanjay Kalra Sanjay Kalra & Associates

NO

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Answered on 5/24/12, 4:58 am


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