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RTI relief for guarantor's relatives
This is a discussion on RTI relief for guarantor's relatives within the RTI News & Discussion forums, part of the RTI News, Circulars and Decisions category; RTI relief for guarantor's relatives MUMBAI: The RTI has helped an auto driver, whose mother lost a big part of her savings after a borrower she had stood guarantor for ...
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10-03-2007, 06:10 PM
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RTI relief for guarantor's relatives MUMBAI: The RTI has helped an auto driver, whose mother lost a big part of her savings after a borrower she had stood guarantor for defaulted on his payment, get her money back. Prashant Mangaokar’s mother Suhasini, 60, was a shareholder of Shreedhar co-operative credit society and had stood as guarantor for a man on the suggestion of an office bearer. But when the borrower defaulted on his loan payment, the society promptly deducted Rs 33,815 from Suhasini’s account. Soon, she suffered a heart attack and died. The deputy registrar (co-operatives) has ruled that the society should refund the money to her legal heir. RTI relief for guarantor's relatives-Mumbai-Cities-The Times of India      |
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