Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Act 1997 Section 9 Contract Act (IX of 1872), Sections 126 and 128 Bank Laurent Guarantee, in process of collateral, liability of scope reputation, only required Is responsible for establishing the obligation of the principal debtor and by default or breach of these terms, the guarantor cannot resort to technicality to defeat the lender's claim even where the contract is unenforceable against the principal debtor. Once the process is done, the guarantors will still be responsible. He complied with this unless there was a testament against him
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