https://www.taxtmi.com/caselaws?id=438494 The Tribunal dismissed both appeals, affirming the maintainability of the application under Section 7 of the IBC within the limitation period, validating simultaneous CIRP against both borrower and guarantor, and rejecting the discretionary power argument due to clear debt admission. The appeals were dismissed without any order as to costs. en-us Wed, 31 May 2023 00:00:00 +0530 Thu, 01 Jun 2023 21:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438494 The Tribunal dismissed both appeals, affirming the maintainability of the application under Section 7 of the IBC within the limitation period, validating simultaneous CIRP against both borrower and guarantor, and rejecting the discretionary power argument due to clear debt admission. The appeals were dismissed without any order as to costs. Case-Laws Insolvency and Bankruptcy Wed, 31 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438494