Understanding The Liability Of Personal Guarantors Under The … – Marketscreener.com

Introduction:The enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) revolutionized India’s insolvency landscape by providing a comprehensive framework for resolving corporate insolvencies. Alongside this, the IBC also introduced significant changes concerning the liability of personal guarantors. This article aims to shed light on the liability of personal guarantors under the IBC and the implications…