Liability of heirs of guarantor in suit for recovery


Allowing an appeal in Rohini Kanoi & Anr v Allahabad Bank & Ors, Delhi High Court quashed an order for impleading the grandchildren of a guarantor of a loan in a case where recovery proceedings had been going on since 2004.

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The dispute digest is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at [email protected] or [email protected] Readers should not act on the basis of this information without seeking professional legal advice.