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Approval of a resolution plan of corporate debtor does not operate so as to discharge the liabilities of personal guarantors: Supreme Court
By team of Advocate Retainer June 27, 2021 - 06:30

The SC on May 21, 2021 {LALIT KUMAR JAIN vs. UNION OF INDIA & ORS.} held that the theme of gradual implementation of law or legal principles i...

Posted in Enforcing provision of Act in piecemeal, Guarantor Liability, Insolvency and Bankruptcy Code, Principal Debtor, Sanction of Resolution Plan

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