https://www.taxtmi.com/caselaws?id=401845 Section 14 of the Insolvency and Bankruptcy Code does not extend its moratorium to personal guarantors, so secured creditors may proceed against guarantor-owned property. Where SARFAESI measures are challenged, the existence of an efficacious statutory remedy under Section 17(1) before the Debts Recovery Tribunal normally bars recourse to Article 226. The writ challenge was therefore declined, and the petitioners were left to pursue the alternative statutory forum within the time allowed. en-us Tue, 01 Dec 2020 00:00:00 +0530 Fri, 18 Dec 2020 16:33:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401845 Section 14 of the Insolvency and Bankruptcy Code does not extend its moratorium to personal guarantors, so secured creditors may proceed against guarantor-owned property. Where SARFAESI measures are challenged, the existence of an efficacious statutory remedy under Section 17(1) before the Debts Recovery Tribunal normally bars recourse to Article 226. The writ challenge was therefore declined, and the petitioners were left to pursue the alternative statutory forum within the time allowed. Case-Laws Insolvency and Bankruptcy Tue, 01 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401845