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What is Guarantor Liability in Loan Dispute about?

This document summarizes a court case in India regarding the liability of a guarantor for loan repayments. The key details are: 1) Defendant 1 took out a cash credit loan of Rs. 2.5 lakh from the plaintiff bank, with defendant 2 as the guarantor up to that amount. Additional overdrafts were later provided to defendant 1 without defendant 2

Author

Anesh kumar

Language

EN