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Personal Guarantors Of NBFC/FSC Cannot Be Proceeded Against Unless Threshold Of Rs. 500 Cr Is Satisfied: NCLT, Jaipur

LIVELAW NEWS NETWORK

26 Feb 2022 7:59 PM IST

    • Personal Guarantors Of NBFC/FSC Cannot Be Proceeded Against Unless Threshold Of Rs. 500 Cr Is Satisfied: NCLT, Jaipur

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    Tags
    Shapoorji Pallonji Finance Private Limited v. Rekha SinghNCLT JaipurNBFCIBCFSPNon-Banking Finance CompanyCIRPPersonal GuarantorFinancial CreditorIBC (Second Amendment) BillIRPCorporate DebtorFinancial Service ProviderSection 227 of the IBCInsolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules 2019Jumbo Finvest (India) LtdPrincipal Borrower
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