NCLAT Reaffirms That Borrower's Debt Acknowledgment Also Extends Limitation Period for Guarantors - (26 Dec 2025)
LIMITATION
NCLAT Delhi has reiterated that when a principal borrower acknowledges a debt, it extends the limitation period for initiating insolvency proceedings against the corporate guarantors, ensuring they cannot claim the limitation period has expired.
Tags : BORROWER LIMITATION GUARANTORS
Share :

|