https://www.taxtmi.com/caselaws?id=365365 Section 14 of the Insolvency and Bankruptcy Code, 2016 was construed as confined to the corporate debtor and its assets, not extending the moratorium to a personal guarantor. The statutory scheme separating corporate insolvency under Part II from individual insolvency under Part III, together with Sections 60 and 31, supported continuation of guarantor liability despite the corporate debtor's moratorium. The 2018 insertion of Section 14(3)(b) was treated as clarificatory and retrospective, because it removed ambiguity and confirmed that actions against sureties fall outside the moratorium. en-us Tue, 14 Aug 2018 00:00:00 +0530 Mon, 21 Jul 2025 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365365 Section 14 of the Insolvency and Bankruptcy Code, 2016 was construed as confined to the corporate debtor and its assets, not extending the moratorium to a personal guarantor. The statutory scheme separating corporate insolvency under Part II from individual insolvency under Part III, together with Sections 60 and 31, supported continuation of guarantor liability despite the corporate debtor's moratorium. The 2018 insertion of Section 14(3)(b) was treated as clarificatory and retrospective, because it removed ambiguity and confirmed that actions against sureties fall outside the moratorium. Case-Laws IBC Tue, 14 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365365