https://www.taxtmi.com/article/detailed?id=16287 Amendments to the insolvency resolution framework for personal guarantors revise the initiation, moratorium, report, and repayment-plan mechanisms under the Code. Interim moratorium does not apply where the application is filed for insolvency resolution in respect of a personal guarantor to a corporate debtor, and the resolution professional's time to examine the application and submit a report is extended from 10 days to 21 days. If no repayment plan is submitted within time, the resolution process is terminated and bankruptcy proceedings may follow. The amended regulations also require disclosure of assets, creditor claims, proxy voting, and coordination for transfer of assets. en-us Mon, 27 Apr 2026 09:27:10 +0530 Mon, 27 Apr 2026 09:27:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16287 Amendments to the insolvency resolution framework for personal guarantors revise the initiation, moratorium, report, and repayment-plan mechanisms under the Code. Interim moratorium does not apply where the application is filed for insolvency resolution in respect of a personal guarantor to a corporate debtor, and the resolution professional's time to examine the application and submit a report is extended from 10 days to 21 days. If no repayment plan is submitted within time, the resolution process is terminated and bankruptcy proceedings may follow. The amended regulations also require disclosure of assets, creditor claims, proxy voting, and coordination for transfer of assets. Articles Corporate Laws / IBC / SEBI Mon, 27 Apr 2026 09:27:10 +0530 https://www.taxtmi.com/article/detailed?id=16287