https://www.taxtmi.com/acts?id=38042 Regulation 35 mandates that a creditor who has received funds in a distribution under the bankruptcy process for personal guarantors to corporate debtors must return any amount to which the creditor was not entitled at the time of distribution or which later ceases to be due, creating a repayment obligation tied to the distribution of proceeds. en-us Thu, 21 Nov 2019 13:20:34 +0530 Thu, 21 Nov 2019 13:20:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38042 Regulation 35 mandates that a creditor who has received funds in a distribution under the bankruptcy process for personal guarantors to corporate debtors must return any amount to which the creditor was not entitled at the time of distribution or which later ceases to be due, creating a repayment obligation tied to the distribution of proceeds. Act-Rules IBC Thu, 21 Nov 2019 13:20:34 +0530 https://www.taxtmi.com/acts?id=38042