SC: Completed Trial can't be Remanded for Procedural Lapse Unless Prejudice is Proven  ||  SC: Sessions Courts Cannot Bar Statutory Remission and Commutation Through Special Sentences  ||  SC: Article 311 Bar Inapplicable If Removing Officer Equals Appointing Authority in Status  ||  SC: Contractual Bar Prevents Arbitral Tribunal From Awarding Pre-Reference Interest  ||  SC Frames Guidelines to Prevent POCSO Act Misuse by Parents in Custody Disputes  ||  Delhi HC Directs DLSA to Convey Trial Court’s Encouraging Message and Compensation to POCSO Survivor  ||  Delhi HC: Gravity of UAPA Offence Cannot Justify Prolonged PMLA Detention  ||  Delhi HC Affirms Equestrian Federation's Youth Olympics Selection, Calls for Clearer Norms & Timeline  ||  Delhi HC: Ajeet Bharti Used Caste Superiority to Humiliate Chandrashekhar Azad  ||  Supreme Court: Anti-Suit Injunction Cannot Rest on Speculation of Unenforceable Foreign Decree    

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