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Execution of document by Pardanashin Women

Execution of document by Pardanashin Women :

In the case of pardanashin ladies, the law requires more care to be exercised in dealing with them. In case where loans are granted to, or guarantees are obtained from the pardanashin ladies, the Bank should have evidence to show that the documents were executed by such ladies out of their free will and without any undue influence or duress, after clearly understanding the nature of the transactions. If the documents are not in the mother tongue of the executants, the Bank must establish that the documents were explained to such ladies in their mother tongue, and that they understand the implications of the same. Wherever, documents are executed by pardanashin ladies, endorsements to the above effect should be made on the documents under the signature of some independent witness, after he has explained the implications of the contents of the documents to such ladies. Mere narration in the Document Execution Register to this effect which is an internal record is not enough.

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