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Normally judges takes strict action against personal guarantee and make then liable to pay the outstanding amount, whenever borrower default in his payment. Personal guarantor is the person who takes the responsibility of the dues unpaid by the borrower or not paid by the borrower.

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15y ago
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6mo ago

Judges normally rule on personal guarantees based on the specific terms and conditions outlined in the guarantee agreement. They consider factors such as the language used in the agreement, the intent of the parties involved, and whether the guarantee itself was properly executed. Ultimately, the decision will depend on the facts of the case and the applicable laws in the jurisdiction.

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Q: How do judges normally rule on personal guarantees?
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