https://www.taxtmi.com/caselaws?id=291832 The amended Section 60(2) of the Insolvency and Bankruptcy Code, 2016 was examined for its effect on the maintainability of parallel proceedings concerning the same claim against a guarantor or principal borrower. The tribunal considered whether the amendment required reconsideration of that issue in the insolvency context. Notice was directed to be issued to the respondent, and the matter was posted for admission. en-us Fri, 31 May 2019 00:00:00 +0530 Wed, 13 Nov 2024 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291832 The amended Section 60(2) of the Insolvency and Bankruptcy Code, 2016 was examined for its effect on the maintainability of parallel proceedings concerning the same claim against a guarantor or principal borrower. The tribunal considered whether the amendment required reconsideration of that issue in the insolvency context. Notice was directed to be issued to the respondent, and the matter was posted for admission. Case-Laws Companies Law Fri, 31 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291832