Personal Guarantors Cannot Escape Liability Under Insolvency Code 2016; Section 14 Inapplicable to Them. https://www.taxtmi.com/highlights?id=50402 CIBIL rating - Removal of name of the petitioner from the list of defaulters maintained by Credit Information Bureau (India) Limited - liability of a guarantor towards a creditor - Section 14 of the Code of 2016 does not apply to a personal guarantor. The Code of 2016 does not allow personal guarantors to escape their liability en-us Wed, 27 Nov 2019 12:09:06 +0530 Wed, 27 Nov 2019 12:09:06 +0530 TaxTMI RSS Generator Personal Guarantors Cannot Escape Liability Under Insolvency Code 2016; Section 14 Inapplicable to Them. https://www.taxtmi.com/highlights?id=50402 CIBIL rating - Removal of name of the petitioner from the list of defaulters maintained by Credit Information Bureau (India) Limited - liability of a guarantor towards a creditor - Section 14 of the Code of 2016 does not apply to a personal guarantor. The Code of 2016 does not allow personal guarantors to escape their liability Highlights Insolvency and Bankruptcy Wed, 27 Nov 2019 12:09:06 +0530 https://www.taxtmi.com/highlights?id=50402