https://www.taxtmi.com/caselaws?id=398144 Personal guarantors cannot invoke the Insolvency and Bankruptcy Code moratorium available to the corporate debtor to restrain SARFAESI recovery measures. Where specialised statutory remedies are available, a writ challenge to such measures is ordinarily not entertained, and the guarantor must proceed before the Debt Recovery Tribunal or National Company Law Tribunal. A request for mandamus directing disposal of a complaint before the Insolvency and Bankruptcy Board of India becomes infructuous once the complaint has been examined and closed and the connected insolvency proceedings have reached their final stage. Writ relief was therefore declined without deciding the underlying recovery or insolvency merits. en-us Thu, 03 Sep 2020 00:00:00 +0530 Tue, 09 Mar 2021 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398144 Personal guarantors cannot invoke the Insolvency and Bankruptcy Code moratorium available to the corporate debtor to restrain SARFAESI recovery measures. Where specialised statutory remedies are available, a writ challenge to such measures is ordinarily not entertained, and the guarantor must proceed before the Debt Recovery Tribunal or National Company Law Tribunal. A request for mandamus directing disposal of a complaint before the Insolvency and Bankruptcy Board of India becomes infructuous once the complaint has been examined and closed and the connected insolvency proceedings have reached their final stage. Writ relief was therefore declined without deciding the underlying recovery or insolvency merits. Case-Laws Insolvency and Bankruptcy Thu, 03 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398144