https://www.taxtmi.com/highlights?id=65908 The provisions of IBC will prevail over the provision of Indian Contract Act, thereby surety may take appropriate steps to claim as creditor to recover the amount he discharged to the Creditor under the agreement of guarantee of Section 5(8) of IBC, but not as secured creditor, before the liquidator if the 2nd Respondent did not finalise the list of Creditor, subject to permissibility under Section 38, Chapter III of IBC and limitation. - AT en-us Mon, 03 Oct 2022 08:56:41 +0530 Mon, 03 Oct 2022 08:56:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65908 The provisions of IBC will prevail over the provision of Indian Contract Act, thereby surety may take appropriate steps to claim as creditor to recover the amount he discharged to the Creditor under the agreement of guarantee of Section 5(8) of IBC, but not as secured creditor, before the liquidator if the 2nd Respondent did not finalise the list of Creditor, subject to permissibility under Section 38, Chapter III of IBC and limitation. - AT Highlights Insolvency and Bankruptcy Mon, 03 Oct 2022 08:56:41 +0530 https://www.taxtmi.com/highlights?id=65908