SC Upholds IBC Provisions on Insolvency of Personal Guarantors; Big Victory for Banks - Mkwebdeveloper Technical Mantra

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    Home business SC Upholds IBC Provisions on Insolvency of Personal Guarantors; Big Victory for Banks

    SC Upholds IBC Provisions on Insolvency of Personal Guarantors; Big Victory for Banks

    In 2019, the Centre introduced a new provision in Insolvency and Bankruptcy Code, 2016, that allowed the banks to move an application for initiation of insolvency against personal guarantors to corporate debtors.

    from Top Business News- News18.com https://ift.tt/3ws3rmT
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