https://www.taxtmi.com/caselaws?id=787500 The Tribunal held that service was valid where creditor and resolution professional relied on addresses and contact details supplied by the guarantor, supplemented by electronic/telephonic communications and substituted service by publication, and the Adjudicating Authority was justified in ex parte admission when the guarantor did not participate. It found the guarantee validly invoked as evidenced by a recovery certificate and post-dated demand notices, rendering the Section 95 petition maintainable and the limitation plea unsustainable. The post-reservation assignment of the debt did not vitiate proceedings because an assignee steps into the assignor's rights and does not undo steps already lawfully taken. en-us Mon, 25 Aug 2025 00:00:00 +0530 Sat, 07 Mar 2026 08:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787500 The Tribunal held that service was valid where creditor and resolution professional relied on addresses and contact details supplied by the guarantor, supplemented by electronic/telephonic communications and substituted service by publication, and the Adjudicating Authority was justified in ex parte admission when the guarantor did not participate. It found the guarantee validly invoked as evidenced by a recovery certificate and post-dated demand notices, rendering the Section 95 petition maintainable and the limitation plea unsustainable. The post-reservation assignment of the debt did not vitiate proceedings because an assignee steps into the assignor's rights and does not undo steps already lawfully taken. Case-Laws IBC Mon, 25 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787500