Guarantee for Payment of Debt

Updated atMarch 2010


Chirag Desai of, etc. (creditor)

In consideration of your having this day lent and advanced the sum of Rs........... to Vishwas Prabhu, of (principal debtor), at my request, I, the undersigned, do hereby agree to be and shall, at all times hereafter until repayment of loans remain responsible to you for and guarantee payment of the said sum of Rs....... in case of his default together with interest thereon at the rate of.......... per cent per annum, such interest to be calculated with effect from the date of service of the registered notice of demand on me. This guarantee shall not be affected by your granting any time or any...

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