Thu 06/17/2021 02:00 AM
Relevant Documents:
Judgment
Notification
IBC
The recent ruling by the Indian Supreme Court, which dismissed various petitions challenging the November 2019
notification on Part III of India’s Insolvency & Bankruptcy Code (IBC) (Notification) and other provisions related to personal guarantors of corporate debtors,
is a positive ruling for creditors -- in terms of maintaining a potential recovery avenue under the IBC involving a credit which benefits from a promoter personally...
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