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IBC - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Deed of guarantee executed by the guarantors duly stamped - ...


Company Petitions Admitted to Declare Moratorium u/s 14 of Insolvency and Bankruptcy Code Due to Guarantors' Deed.

March 19, 2018

Case Laws     Insolvency and Bankruptcy     Tri

Deed of guarantee executed by the guarantors duly stamped - whether or not this company petition be admitted basing on this deed of guarantee? - the Creditor has furnished the material showing existence of debt and default by the principal borrower, these Company Petitions are in fact fit to be admitted for declaration of moratorium as envisaged under Section 14 of the Code. - Tri

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