https://www.taxtmi.com/caselaws?id=349700 The judgment addressed the interpretation of Sections 14 and 31 of the I&B Code, 2016 in the context of a Corporate Insolvency Resolution Process. It emphasized the importance of upholding the moratorium under Section 14 and preventing actions against the personal guarantor that could violate this provision. The application of Section 140 of the Indian Contract Act, 1872 was crucial in determining the guarantor's rights regarding the assets of the corporate debtor. The judgment restrained the financial creditor from pursuing actions against the personal guarantor during the moratorium period to ensure compliance with the I&B Code. en-us Mon, 18 Sep 2017 00:00:00 +0530 Tue, 24 Oct 2017 10:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349700 The judgment addressed the interpretation of Sections 14 and 31 of the I&B Code, 2016 in the context of a Corporate Insolvency Resolution Process. It emphasized the importance of upholding the moratorium under Section 14 and preventing actions against the personal guarantor that could violate this provision. The application of Section 140 of the Indian Contract Act, 1872 was crucial in determining the guarantor's rights regarding the assets of the corporate debtor. The judgment restrained the financial creditor from pursuing actions against the personal guarantor during the moratorium period to ensure compliance with the I&B Code. Case-Laws Companies Law Mon, 18 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349700