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        IBC

        Regulation 22 - Non-cooperation by guarantor

        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 prepare a statement of that non cooperation and file it with the Adjudicating Authority to obtain appropriate directions.
                        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.

                              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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