1 Answer
Dear Client,
As long as your colleague was only a reference and did not know about signing a valid guarantee agreement, his/her contact information alone cannot automatically hold him/her liable as a guarantor. It is imperative that you procure copies of the loan agreement, e-sign records, and any other document being relied upon by the NBFC to establish your colleague as a guarantor. However, if the NBFC keeps on harassing your friend without having any legal justification for doing so, then you should write a letter to the NBFC seeking clarification as to what kind of a guarantor your friend is and asking for an immediate stop to such unnecessary communications. In case this does not help, then you could even pursue this matter further through the grievance redressal channel of the NBFC.
I hope this helps and if you have any further issues do not hesitate to contact us.