https://www.taxtmi.com/highlights?id=55712 Maintainability of application - initiation of CIRP - As such invocation of res judicata seems only an ignorance of the provisions of law. Insolvency proceedings can be initiated even against the guarantor alone even before initiating action against the borrower - there is no bar under the statute for initiating two separate Applications simultaneously against the borrower and the guarantor. - Tri en-us Thu, 03 Dec 2020 10:49:31 +0530 Thu, 03 Dec 2020 10:49:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55712 Maintainability of application - initiation of CIRP - As such invocation of res judicata seems only an ignorance of the provisions of law. Insolvency proceedings can be initiated even against the guarantor alone even before initiating action against the borrower - there is no bar under the statute for initiating two separate Applications simultaneously against the borrower and the guarantor. - Tri Highlights Insolvency and Bankruptcy Thu, 03 Dec 2020 10:49:31 +0530 https://www.taxtmi.com/highlights?id=55712