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Initiation of CIRP Not Mandatory...

Initiation of CIRP Not Mandatory For Maintainability Of An Application Against Personal Guarantors U/S 95, IBC: NCLT, Kochi

LIVELAW NEWS NETWORK

26 Feb 2022 10:04 AM IST

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Initiation of CIRP Not Mandatory For Maintainability Of An Application Against Personal Guarantors U/S 95, IBC: NCLT, Kochi

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NCLT Kochi E. Iqbal v. State Bank of India IBC Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process of Personal Guarantors to the Corporate Debtor) Rules 2019 Section 95 of IBC CIRP Corporate Debtor Personal Guarantor M/s. Green Gateway Leisure Limited Moratorium

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