Insolvency & Bankruptcy Code (IBC)

Articles Insolvency & Bankruptcy Code (IBC)

Personal Guarantor Insolvency Under IBC: Two Years of NCLT Practice, Judicial Divergence, and Enforcement Challenges

Guru LegalComment on Personal Guarantor Insolvency Under IBC: Two Years of NCLT Practice, Judicial Divergence, and Enforcement Challenges

Introduction The extension of the Insolvency and Bankruptcy Code to personal insolvency, and specifically to the insolvency of personal guarantors of corporate debtors, was among the most consequential and contested

Articles Insolvency & Bankruptcy Code (IBC)

Section 29A’s Expanding Reach: How the Eligibility Bar on Resolution Applicants Is Being Interpreted to Exclude Legitimate Bidders

Guru LegalComment on Section 29A’s Expanding Reach: How the Eligibility Bar on Resolution Applicants Is Being Interpreted to Exclude Legitimate Bidders

Introduction When Parliament enacted Section 29A through the Insolvency and Bankruptcy Code (Amendment) Act, 2017, the legislative intent was unambiguous: to prevent the very promoters whose mismanagement had driven a

✶ Message sent! We'll get back to you shortly.