Removal of names of the petitioners from the list of wilful ...

Court Rules Petitioners Stay on Wilful Defaulters List Despite Company Being Absolved Due to Personal Guarantees.

October 18, 2021

Case Laws Indian Laws HC

Removal of names of the petitioners from the list of wilful defaulters - This Court is of the view that the names of the writ petitioners cannot be removed from the list of wilful defaulters merely on the ground that the company is absolved of its liability as the petitioners have furnished personal guarantees to the loan facility extended by the respondent. The order of the Review Committee does not suffer from any infirmity. - HC

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Removal of names of the petitioners from the list of wilful ...

Court Rules Petitioners Stay on Wilful Defaulters List Despite Company Being Absolved Due to Personal Guarantees.

October 18, 2021

Case Laws Indian Laws HC

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