Sub: director’s name in guarantee deed instead of concern
A loan is given to a Private limited concern, named Gulmarg chemicals private limited whose director name is Ramesh chand Gupta. A guarantee is also taken from one Meenu Agrawal, but at the time of execution of guarantee deed etc. by mistake at the place of name of borrower Ramesh chand Gupta is written instead of the name of concern Gulmarg chemicals private limited. No loan is given to Ramesh chand Gupta. Whether this guarantee is still good against guarantor Meenu agrawal.