Initiation of CIRP - Personal Guarantors to Corporate Debtors - ...

Case Laws Insolvency and Bankruptcy

May 17, 2022

Initiation of CIRP - Personal Guarantors to Corporate Debtors - an irrevocable Deed of Guarantee has been signed between the SBI led Consortium and the Personal Guarantor. - This is a fit case for admission and proceed against the Personal Guarantor/Respondent and initiate Corporate Insolvency Resolution Process. It is also seen from the report of Resolution Professional that he has not recommended for a negotiation between the parties for arriving at an amicable settlement for repayment. - Tri

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Initiation of CIRP - Personal Guarantors to Corporate Debtors - ...

Case Laws Insolvency and Bankruptcy

May 17, 2022

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