Personal Guarantors under IBC

–Resolution Division

(resolution@vinodkothari.com)

The Ministry of Corporate Affairs, vide notification dated 15.11.2019, notified sections 94-187 , read with section 60 of the Insolvency and Bankruptcy Code, 2016, along with rules & regulations dealing with insolvency resolution and bankruptcy process for non-corporate insolvency, insofar as they relate to personal guarantors to corporate debtors.

Our presentation on insolvency and bankruptcy process of personal guarantors to corporate debtors is here- http://vinodkothari.com/wp-content/uploads/2021/04/Personal-Guarantors.pdf