Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing dire...
Insolvency and BankruptcySeptember 8, 2022Case LawsSC
Initiation of CIRP - Corporate Guarantor being a Company - The Company stood guarantor for the loans availed by the three borrowers which are partnership firm and / or proprietary concerns - the liability of the guarantor is co-extensive with that of the Principal Borrower - It was open to the Financial Creditor to proceed against the guarantor without first suing the Principal Borrower - SC
Initiation of CIRP - Corporate Guarantor being a Company - The Company stood guarantor for the loans availed by the three borrowers which are partnership firm and / or proprietary concerns - the liability of the guarantor is co-extensive with that of the Principal Borrower - It was open to the Financial Creditor to proceed against the guarantor without first suing the Principal Borrower - SC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
