Recently, the Supreme Court stated that liability of the guarantor is joint and several with the principal debtor. The bench of Justices Sanjiv Khanna, Dipankar Datta and Prashant Kumar Mishra was dealing with the case involves a writ petition filed by Devendra Kumar Sinha (respondent no. 1) challenging proceedings initiated by the State Bank of
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.
