F Felaket New member 16 Kas 2022 #1 What should a guarantor do if the principal borrower defaults? Under the Indian Contract Act, 1872, the liability of the guarantor is co-extensive with that of the principal debtor unless it is otherwise provided by the contract
What should a guarantor do if the principal borrower defaults? Under the Indian Contract Act, 1872, the liability of the guarantor is co-extensive with that of the principal debtor unless it is otherwise provided by the contract
