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        IBC

        Regulation 1 - Short title and commencement

        Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
        Chapter I
        PRELIMINARY

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        Insolvency resolution for personal guarantors to corporate debtors established, setting regulatory framework and commencement provisions. Establishes a regulatory framework for the insolvency resolution process for personal guarantors to corporate debtors, invoking powers under the Insolvency and Bankruptcy Code, 2016 to enable regulations governing initiation and conduct of insolvency proceedings for individuals who guaranteed corporate debts; names the regulations and provides that they commence on the first day of December, 2019.
                      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 to corporate debtors established, setting regulatory framework and commencement provisions.

                            Establishes a regulatory framework for the insolvency resolution process for personal guarantors to corporate debtors, invoking powers under the Insolvency and Bankruptcy Code, 2016 to enable regulations governing initiation and conduct of insolvency proceedings for individuals who guaranteed corporate debts; names the regulations and provides that they commence on the first day of December, 2019.


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