All Questions (15822)
Q. Unsecured Business loan enquiry
Anonymous
posted 1 week ago
Sorry!
Sorry Clients are not Permitted to Respond the Question
Login to Proceed Further
Showing 4 of 4 Responses
A. Dear Sir,
The liability of principal borrower and co-applicant and even the gurantor is joint and several as the bank may proceed against the secured assets of coapplicant.
For full procedure contact me on mobile through Vidhikarya.
Rate me Five Star *
Please visit the following link.
https://vidhikarya.com/LawyerRating/9506c43f5d0b2d266a07
A. Dear Client ,
Liabilities sustain for and with the directors and the company , or partners where liability arises. The code of insolvency and bankruptcy will be followed and if the co applicant is not bankrupt, then, in that case he has to pay the liability.Hence in that case if firm or company is bankrupt with Limited Liabilities then directors or parents shall be liable only for the liability on documents on record.
A. Co-applicant also have laiblity to pay it
A. In case of bankruptcy, The code of insolvency and bankruptcy will be followed and if the co applicant is not bankrupt, then, he has to pay the liability.
Consult Advocate {{lawyerName}}
Please select how would you like to Consult
| Type of Consultation | Fees | |
|---|---|---|
| Phone Consultation | ₹ | |
| Meeting Consultation | ₹ | |
| Email Consultation | ₹ | |
| Video Conference | ₹ | |
| Request for quotation from the Lawyer. | ||
Review and Confirm
| Consultation Request for Advocate {{lawyerName}} | |
| Consultation Type : Meeting Consultation | |
| Charges : | ₹ | 118 | (with 18% GST) |
Successful
Your Request has been registered. We will get back to you soon.
Submit Your Query
Successful
Your Transaction is Completed
Payment Failed
Your Transaction is Failed
Successful
Your question has been posted successfully. It will be visible shortly after Admin verification.
Keep checking this space for Answers from Lawyers.
Verify OTP
If you haven't received any OTP, please click the Resend button below. You can change your registered mobile number by clicking on the Edit icon.
Need a Quick Legal Advice NOW?
Don’t want to wait! Call at the toll free
number and get a call from an expert Lawyer
within an hour!
7604047601
Most Viewed Questions
- sec - 354, 427, 506
- Complaint Against Money Lender
- IS BC-C caste certificate valid in case of converted Christians from castes other than Scheduled castes?
- Land dispute under section 144
- Cancellation of Pattadar Pass book
- Best suggestion for false allegations levelled by wife --- RCR or Divorce
- Original property documents lost by the bank
- Service matter
- custom call cum show cause notice
- Can apartment association bar me from keeping a pet dog in my flat.
