My father is a member of a Society. He took a loan. To apply the loan, he has signed some blank documents as formalities. The Society and a person together made him co sureties for 4 unknown person’s loans. Out of 4 borrowers, two people who are husband and wife have not been paying their dues. Both have no income so they have not paid any single penny.
Now the society wants to recover money from my father only. There are other co-sureties too but the society wants to collect it from my father only. The case has been under legal proceedings since 2012.
At the time of sanctioning the loan, the society took 10 undated, blanked singed cheques for the security purpose from my father.
Now the society has mis utilized two cheques to withdraw defaulter’s amount and filed a case under 138 IN ACT. We stopped the cheques in 2012 when legal disputed was started and it is still under legal proceedings.
Please help and suggest