Supreme Court: SC/ST Act Does Not Apply to Alleged Casteist Abuse Inside a Private House  ||  Supreme Court: Frictionless Relationship Between the Bar and the Bench Strengthens Justice Delivery  ||  Delhi High Court: Eviction From Jhuggis With Rehabilitation Does Not Violate Article 21  ||  Madras HC: Courts Cannot Remain Silent When Single Disputed Vote Could Determine Government’s Fate  ||  Allahabad HC Blamed State and Police For Delays and Ordered Reforms to Tackle “Tarikh Pe Tarikh”  ||  Supreme Court: Banks Cannot Invoke IBC Against Debtors For Builder-Linked Loans  ||  Supreme Court: Non-Disclosure of Failed Candidates’ Marks Does Not Imply They Passed Exams  ||  Supreme Court: Murder Accused Cannot Inherit Property of the Person Allegedly Killed  ||  Supreme Court: Delay in Deposit Does Not Automatically Cancel Contracts under Specific Relief Act  ||  SC: Railways is Treated as a Consumer under the Electricity Act, Not a Distribution Licensee    

NCLAT: Director’s Resignation Doesn’t Release Personal Guarantor from Continuing Guarantee Liability - (03 Nov 2025)

INSOLVENCY

NCLAT, New Delhi, held that resignation from directorship does not relieve a personal guarantor from liability under a continuing guarantee, which remains enforceable unless it is explicitly revoked, emphasizing that the guarantor’s obligations persist despite stepping down as director.

Tags : PERSONAL GUARANTOR   LIABILITY   RESIGNATION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved