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Akshaya Puthran (student)     17 July 2015

What is the liability of the co-obligant?

Respected Experts,

kindly advice me for the below listed subjects on priority basis.

  1. What is the Liability /prove the liability of the co-obligant and Bank’s right to exercise it’s lien over his deposits.
  2. the Co-obligant is jointly and severally liable for the liability and the Bank is free to recover from him.
  3. Case laws to prove the liability of the co-obligant and Bank’s right to exercise it’s lien over his deposits.


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