Litigation News

NCLT admits plea under Section 94(1) IBC for initiation of insolvency process against personal guarantor Last week, the Supreme Court transferred to itself a batch of petitions challenging IBC provisions relating to insolvency of personal guarantors.

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Litigation News

IBC provisions on insolvency of personal guarantor: Supreme Court expresses inclination to transfer all petitions to itself, reserves order After a brief hearing on the issue of transfer, the Court reserved its order while expressing its inclination to allow the plea.

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Litigation News

Delhi HC stays IBC proceedings Anil Ambani for being personal guarantor; Issues notice in challenge to provisions on personal insolvency

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