https://www.taxtmi.com/caselaws?id=440689 The court dismissed the writ petition challenging a Demand Notice issued under Rule 7(1) of the Insolvency and Bankruptcy Rules, 2019, regarding personal guarantees for a debt. It held that the petitioner failed to establish a lack of jurisdiction and directed them to address the matter before the NCLT for a decision on the merits. The court highlighted that the NCLT was competent to adjudicate the issues raised in the petition. en-us Fri, 21 Jul 2023 00:00:00 +0530 Mon, 24 Jul 2023 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440689 The court dismissed the writ petition challenging a Demand Notice issued under Rule 7(1) of the Insolvency and Bankruptcy Rules, 2019, regarding personal guarantees for a debt. It held that the petitioner failed to establish a lack of jurisdiction and directed them to address the matter before the NCLT for a decision on the merits. The court highlighted that the NCLT was competent to adjudicate the issues raised in the petition. Case-Laws Insolvency and Bankruptcy Fri, 21 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440689