https://www.taxtmi.com/caselaws?id=443760 The Section 7 Application was dismissed by the NCLT as barred by Section 10A of the Insolvency and Bankruptcy Code, 2016, due to the invocation of the corporate guarantee falling within the suspension period. The determination of the default date for the guarantee was upheld as 16th June 2020, despite subsequent events and payments. The Tribunal affirmed that the application remained barred by Section 10A, leading to the dismissal of the appeal. en-us Tue, 12 Sep 2023 00:00:00 +0530 Fri, 29 Sep 2023 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443760 The Section 7 Application was dismissed by the NCLT as barred by Section 10A of the Insolvency and Bankruptcy Code, 2016, due to the invocation of the corporate guarantee falling within the suspension period. The determination of the default date for the guarantee was upheld as 16th June 2020, despite subsequent events and payments. The Tribunal affirmed that the application remained barred by Section 10A, leading to the dismissal of the appeal. Case-Laws Insolvency and Bankruptcy Tue, 12 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443760