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roshan (business)     19 December 2008

urgent pls N I ACT

 

sir,


is there any case law on the follo? if yes pls send me , urgent.


creditor partnership firm had borrowed some money from debtor and the 3rd part "x" stood as guarantor towards the loan. there was a default n then the guarantor started forcing for money, now the guarantor did now make any payment till date to the debtor. creditor firm issued cheque to guarantor instead of debtor. cheque bounced. is the complaint filed by the guarantor "x" maintainable



Learning

 2 Replies

G.G.Shaikh Advocate M:9898038990 (lawyer)     20 December 2008

no it is not mentable because the transaction is not legal due between creditor and gerantor

roshan (business)     20 December 2008

is there any case law sir.......pls let me knw urgent


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