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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Personal Guarantors to Corporate Debtors Must Follow Rule 6 for Insolvency Resolution Using Form A and Pay INR 2000 Fee.</h1> Rule 6 of the Insolvency and Bankruptcy Rules, 2019, outlines the process for personal guarantors to corporate debtors to apply for insolvency resolution. The guarantor must submit the application using Form A and pay a fee of two thousand rupees. Additionally, the guarantor is required to immediately provide a copy of the application to all financial creditors and the corporate debtor for whom they serve as a personal guarantor.
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