personal guarantee
cs
(Querist) 13 November 2009
This query is : Resolved
hi i want advice on following matter:
mr. a is the common director in x pvt. ltd. and y pvt. ltd
x pvt ltd took loan from bank and a and b other director of x give personal gurantee but now x wants to execute an agreement with c and f , other directors of y that they will share liability with him
please advice as which agreement is to be executed and anything important regarding this