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Insolvency Resolution Process of Personal Guarantors
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Insolvency Resolution Process of Personal Guarantors- Jurisdiction of National Company Law Tribunal
Finance1 years ago
Source: Insolvency Resolution Process of Personal Guarantors- Jurisdiction of National Company Law Tribunal
The Insolvency and Bankruptcy Code (IBC) of 2016 empowers creditors to initiate insolvency proceedings against personal guarantors of corporate debtors, independent of any corporate insolvency resolution process against the corporate debtor.
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