Reply experts

Querist : Anonymous (Querist) 16 December 2011 This query is : Resolved
My query is:
What is the enforceability of a corporate guarantee issued by a foreign entity to an Indian entity where the Indian entity has taken a loan from lenders in India?
What are the relevant provisions governing this?

Follow Query

Report Abuse

Raj Kumar Makkad (Expert) 16 December 2011
This situation is to be seen by the banker. it is the prerogative and full discretion of loan lender to be satisfied from Indian guarantor or a foreign guarantor against the security of his loan advancement. Guarantor is equally responsible with the mortgagee for the repayment of all outstanding amounts of loan.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Tenancy in common
Discharge petition
Subpoena reg
Can a widow wife claim a her deceased husband's property
Judge got transferred
Exemptions to be claimed under sec 72 of cpa
Vehicle sold , buyer not transferred vehicle in his name
Obc ncl income correction
Property purchased under sarfasei act, encroached
Not complying the high court order

Awaiting the shrewd advocate's answer.
Pl. check for legal accuracy
Vacation judge
Legal notice used for harrasment
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Legal opinion on baseless legal notice and law
Dismissals due to defective legal notices
Legal notice content
Validity of legal notice.....