Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019
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Insolvency resolution for personal guarantors: new rules enable applications to the adjudicating authority under the Code. Provides a statutory rule framework called the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019, authorising applications to the Adjudicating Authority to initiate insolvency resolution against personal guarantors of corporate debtors, and stating the Central Government's rulemaking power under multiple enabling clauses of the Insolvency and Bankruptcy Code, together with a specified commencement date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Insolvency resolution for personal guarantors: new rules enable applications to the adjudicating authority under the Code.
Provides a statutory rule framework called the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019, authorising applications to the Adjudicating Authority to initiate insolvency resolution against personal guarantors of corporate debtors, and stating the Central Government's rulemaking power under multiple enabling clauses of the Insolvency and Bankruptcy Code, together with a specified commencement date.
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