Apr 3, 20215 minLiability of the corporate guarantor/ debtor is coextensive with that of the principal borrower: SCIn cases where the corporate person had offered a guarantee in respect of loan transaction, the right of the financial creditor to...
Mar 4, 20217 minA vested right under a statute can be taken away by a retrospective law: SCA right given under a statute can be taken away by another statute. We cannot ignore the fact that there was considerable public interest...