Filing of Section 7 application (even not admitted) against Principal Borrower constitutes pendency under Section 60(2) IBC, enabling CIRP against Guarantor before the same NCLT – AB Legal

Filing of Section 7 application (even not admitted) against Principal Borrower constitutes pendency under Section 60(2) IBC, enabling CIRP against Guarantor before the same NCLT

August 22, 2025

Share This :

Read the full article HERE.

Recent Posts

Central Bank of India v. Mr. P.K. Iyer and Anr., (2024) ibclaw.in 605 NCLT

January 2, 2026

Mint Explainer: Why are India’s top conglomerates racing to take over bankrupt Jaiprakash Associates?

October 24, 2025

Inherent power of the Tribunals: Can they recall their own orders?

October 11, 2025

Section 12A withdrawal prior to constitution of CoC: A smooth exit or legal quagmire

September 29, 2025

Cookie Consent with Real Cookie Banner