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SC Upholds IBC Provisions on Insolvency of Personal Guarantors; Big Victory for Banks

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In 2019, the Centre introduced a new provision in Insolvency and Bankruptcy Code, 2016, that allowed the banks to move an application for initiation of insolvency against personal guarantors to corporate debtors.

from Top Business News- News18.com
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SC Upholds IBC Provisions on Insolvency of Personal Guarantors; Big Victory for Banks SC Upholds IBC Provisions on Insolvency of Personal Guarantors; Big Victory for Banks Reviewed by Team Exprssnews on May 21, 2021 Rating: 5

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