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THE CHAIRMAN, NATIONAL ACCOUNTABILITY BUREAU versus FEHMIDA BEGUM


Section 5 (o) on Person In Appreciation Person who stands as a guarantor of a debt secured by the Company Any person responsible for the prosecution / Guarantee before the court / scope of the debt settlement fixed by the Company The company may be a director or employee while there will be guarantees at the same time as the employee or director was a guarantor or guarantor of loan facilities etc. In accordance with the terms of the guarantee obtained by the company, the employee / director guarantees The obligation was a principal lender and he was compensated under this guarantee until all money was paid by the company, Za, a time when the company had made a mistake in its responsibility to repay the loan amount, the responsibility of the employee / director to return the amount of the debt. The court was not correct in saying that the employee / director, despite being guaranteed, was not liable for litigation, before the High Court accountability court's decision could be set aside. Appeals were allowed as per circumstances \ r \ n

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