What Happens to Personal Guarantors After the 180-Day IBC Moratorium?
In this article, we will explore the statutory scheme related to personal guarantors under the Insolvency and Bankruptcy Code (IBC). Thereafter, we will examine whether the time period provided under Section 101, after which the moratorium shall cease to have effect, is mandatory or directory. Statutory Scheme An insolvency application against a personal guarantor can be filed either by the […]
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