https://www.taxtmi.com/caselaws?id=290829 The court addressed two main issues in this case: the permissibility of initiating Corporate Insolvency Resolution Process (CIRP) against a Corporate Guarantor after the principal borrower's debts have been discharged and the requirement of providing a copy of the Resolution Plan to the Corporate Guarantor before initiating CIRP. The court emphasized the importance of fairness and access to relevant documents in insolvency proceedings. It directed the Registry to examine non-disclosure clauses and provide a certified copy of the Resolution Plan for further consideration, ensuring a just adjudication process. en-us Mon, 20 Jan 2020 00:00:00 +0530 Mon, 19 Oct 2020 09:08:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290829 The court addressed two main issues in this case: the permissibility of initiating Corporate Insolvency Resolution Process (CIRP) against a Corporate Guarantor after the principal borrower's debts have been discharged and the requirement of providing a copy of the Resolution Plan to the Corporate Guarantor before initiating CIRP. The court emphasized the importance of fairness and access to relevant documents in insolvency proceedings. It directed the Registry to examine non-disclosure clauses and provide a certified copy of the Resolution Plan for further consideration, ensuring a just adjudication process. Case-Laws Insolvency and Bankruptcy Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290829