REPAYMENT PLAN - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
REPAYMENT PLAN - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 Chapter V REPAYMENT PLAN
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Non-cooperation by guarantor triggers filing by the resolution professional for directions from the adjudicating authority during the repayment plan process. If a guarantor fails to cooperate during the insolvency resolution process or during implementation of a repayment plan, the resolution professional must ... Summary
Non-cooperation by guarantor triggers filing by the resolution professional for directions from the adjudicating authority during the repayment plan process.
If a guarantor fails to cooperate during the insolvency resolution process or during implementation of a repayment plan, the resolution professional must prepare a statement of that non cooperation and file it with the Adjudicating Authority to obtain appropriate directions.
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