Manipulated Quarenter
9 months ago
Sir i have made quarentee for an educational loan for my son at a bank. Since the manager is the friend of my neighbour the manager sanctioned a loan to my neighbour without my knowledge using my guarentee form for my son. They filled the form (which i have signed for my son)by my neighbour and issued the loan. I am in trouble. He is not paying a single paise
A.Dear client,
The borrower of the loan should be served with a legal notice as soon as possible advising him of the legal action you intend to conduct against him for violating Section 420 of the IPC. A copy of this legal notice should also be given to the loan disbursing bank in question. Consult an attorney for advice on how to file a criminal lawsuit for fraud against the borrower with a request that the guarantor's name be removed from the loan agreement, which the borrower got by fraud and abating the fact for unrelated purposes.
The borrower of the loan should be served with a legal notice as soon as possible advising him of the legal action you intend to conduct against him for violating Section 420 of the IPC. A copy of this legal notice should also be given to the loan disbursing bank in question. Consult an attorney for advice on how to file a criminal lawsuit for fraud against the borrower with a request that the guarantor's name be removed from the loan agreement, which the borrower got by fraud and abating the fact for unrelated purposes.
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A.Dear Client,
You should immediately serve a legal notice to your neighbor/borrower of the loan informing him of the legal action you are going to take against him for cheating u/s.420 IPC endorsing a copy of said legal notice to the concerned Loan disbursing Bank. Reach out to an Advocate for guidance in the matter of filing a criminal suit for cheating against the Borroer with a prayer for cancellation of the guarantor's name from the loan agreement which is obtained by the Borrower by cheating and abating the fact with ulterior motives.
You should immediately serve a legal notice to your neighbor/borrower of the loan informing him of the legal action you are going to take against him for cheating u/s.420 IPC endorsing a copy of said legal notice to the concerned Loan disbursing Bank. Reach out to an Advocate for guidance in the matter of filing a criminal suit for cheating against the Borroer with a prayer for cancellation of the guarantor's name from the loan agreement which is obtained by the Borrower by cheating and abating the fact with ulterior motives.
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