https://www.taxtmi.com/caselaws?id=784642 A Section 13(2) SARFAESI notice can amount to invocation of a personal guarantee where, read with the guarantee deed, it clearly demands payment from the guarantor for the secured liability; on that basis, the insolvency application under Section 95 of the IBC was maintainable. Alleged defects in authorisation and filing were treated as rectifiable procedural irregularities, and in the absence of prejudice they did not invalidate the petition. The Tribunal therefore sustained the insolvency initiation against the personal guarantor and rejected the appeal on merits. en-us Wed, 07 Jan 2026 00:00:00 +0530 Fri, 09 Jan 2026 08:29:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784642 A Section 13(2) SARFAESI notice can amount to invocation of a personal guarantee where, read with the guarantee deed, it clearly demands payment from the guarantor for the secured liability; on that basis, the insolvency application under Section 95 of the IBC was maintainable. Alleged defects in authorisation and filing were treated as rectifiable procedural irregularities, and in the absence of prejudice they did not invalidate the petition. The Tribunal therefore sustained the insolvency initiation against the personal guarantor and rejected the appeal on merits. Case-Laws IBC Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784642