Mukesh
03 November 2018 at 07:08
1) which rules governs the Court fees to be paid while preferring application under section 17 of sarfaesi Act,
2) I understand that Rs. 100000 is max fees to be paid when an borrower files application under section 17; and definition of borrower includes guarantors. My query is what fees should a guarantor pay when in the application he purports to file, he is challenging that he is not a guarantor for various reasons. should he pay Rs 1 lakhs or Rs 50000/-. Amount of debt is 20crs. My opinion is that if he pays 100000 then he is himself admitting that he is a Borrower (guarantor)
Court fees to be paid in application u/2 17 of sarfaesi
1) which rules governs the Court fees to be paid while preferring application under section 17 of sarfaesi Act,
2) I understand that Rs. 100000 is max fees to be paid when an borrower files application under section 17; and definition of borrower includes guarantors. My query is what fees should a guarantor pay when in the application he purports to file, he is challenging that he is not a guarantor for various reasons. should he pay Rs 1 lakhs or Rs 50000/-. Amount of debt is 20crs. My opinion is that if he pays 100000 then he is himself admitting that he is a Borrower (guarantor)