vinod raina (CS) 31 July 2015
Dear All, My query is regarding the NPA Account. If a company account has become NPA and the director has given the personal guarantee for the loan, What will be the impact on the other group company, where the director are common? Whether that account will also be treated as NPA?
There are two different banks in both the comapnies?
cyberlawyer (barrister) 31 July 2015
If the director has given a personal guarantee, i dont think the other group company will be impacted.
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