7th February, 2023

Analysing Liability of Guarantor towards Financial Creditor

A financial creditor may file an application before the Adjudicating Authority (National Company Law Tribunal - NCLT) when a default has occurred for initiating Corporate Insolvency Resolution Process (“CIRP”) against a corporate debtor under Section 7 of the Insolvency and Bankruptcy Code, 2016 (“IBC”).

  • Litigation
  • Asset Management & Corporate Restructuring
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