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NCLAT: Initiation Of CIRP Not A Pre-Requisite To Initiate IRP Against The Personal Guarantor - (28 Jan 2022)

INSOLVENCY

NCLAT has held that initiation of Corporate Insolvency Resolution Process is not a pre-requisite to initiate Insolvency Resolution Process (IRP) against the Personal Guarantor of the Corporate Debtor.

Tags : INSOLVENCY AND BANKRUPTCY CODE   NCLAT   CORPORATE INSOLVENCY RESOLUTION PROCESS  

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