https://www.taxtmi.com/highlights?id=72601 Invocation of Bank Guarantee allowing the Application of the Resolution Professional - Performance Bank Guarantee or not - as per the facts of this case, the Bank Guarantee, provided by the Respondent No. 2/Bank is held to be covered by the exception provided in provisions of Section 14(3)(b) of IBC, 2016, and the Moratorium prescribed under Section 14(1) of IBC, 2016, shall not apply to its Encashment. - AT en-us Wed, 18 Oct 2023 07:41:39 +0530 Wed, 18 Oct 2023 07:41:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72601 Invocation of Bank Guarantee allowing the Application of the Resolution Professional - Performance Bank Guarantee or not - as per the facts of this case, the Bank Guarantee, provided by the Respondent No. 2/Bank is held to be covered by the exception provided in provisions of Section 14(3)(b) of IBC, 2016, and the Moratorium prescribed under Section 14(1) of IBC, 2016, shall not apply to its Encashment. - AT Highlights Insolvency and Bankruptcy Wed, 18 Oct 2023 07:41:39 +0530 https://www.taxtmi.com/highlights?id=72601