
Hindustan Times•Business•11 ఆగ
Bank Can Recover Loan Dues From Guarantor After Principal Borrower Defaults Hc
LUCKNOW The Lucknow bench of the Allahabad high court has held that a bank can recover loan dues from a guarantor after the principal borrower defaults, saying the creditor is not legally required to first exhaust its remedies against the main debtor before pr