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Indian Laws - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Mortgage of property - execution of guarantee deeds of the ...

Indian Laws

November 20, 2019

Mortgage of property - execution of guarantee deeds of the retired director - There is no occasion for the Bank to plead that although the new directors and surety executed the personal guarantee bonds dated 22nd July, 1995 and an immovable property worth much more than the value of loan/limits was given in mortgage, still earlier personal guarantee bonds executed by two erstwhile Directors and Petitioner No.2 are still in force

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