Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 Chapter I PRELIMINARY
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Personal guarantor insolvency resolution defines resolution process, commencement date, costs and eligible participants. Definitions identify operative terms: resolution process for guarantors with commencement on admission; resolution process costs include fees to the resolution professional, expenses and professional fees, financing costs, and other creditor approved costs; participant covers persons entitled to attend creditor meetings including creditors, guarantor and resolution professional; and other terms-corporate debtor, associate, electronic means, form, and Code-are defined or adopted from the Code and rules.
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.
Personal guarantor insolvency resolution defines resolution process, commencement date, costs and eligible participants.
Definitions identify operative terms: resolution process for guarantors with commencement on admission; resolution process costs include fees to the resolution professional, expenses and professional fees, financing costs, and other creditor approved costs; participant covers persons entitled to attend creditor meetings including creditors, guarantor and resolution professional; and other terms-corporate debtor, associate, electronic means, form, and Code-are defined or adopted from the Code and rules.
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