Calcutta HC: Employee Looking for Another Job with Rival Company Isn’t Contrary  ||  Allahabad HC: Can’t Call Hindu Marriage Invalid Only because it Isn’t Registered  ||  Allahabad HC: Can’t Call Hindu Marriage Invalid Only because it Isn’t Registered  ||  Allahabad HC: No Power on Police to Open History-Sheet on Likes or Dislikes  ||  Rajasthan HC Puts Stay on Installation of Dairy Booth Outside Private Residence  ||  Calcutta HC: Cannot Summon Accused to Produce Incriminating Evidence against Himself  ||  Kerala HC Upholds STA’s decision mandating installation of cameras with Fatigue Detection Censors  ||  SC: Executive Instructions Cannot Override Statutory Recruitment Processes  ||  Delhi Lieutenant Governor’s Notification regarding Evidence of Police officers Put on Hold  ||  SC Issues Notice in Plea to Bring Bar Councils under POSH Act    

NCLAT: Can File Appeal against NCLT Order Initiating Insolvency Process against Personal Guarantors - (07 Apr 2025)

INSOLVENCY

NCLAT New Delhi bench has held that personal guarantors can file appeal under Section 61 of Insolvency and Bankruptcy Code, 2016 against NCLT’s order directing the initiation of the Personal Insolvency Resolution Process (PIRP) as NCLT is the appropriate forum for initiating insolvency proceedings.

Tags : NCLAT NEW DELHI   INSOLVENCY PROCESS   PERSONAL GUARANTORS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved