https://www.taxtmi.com/caselaws?id=790679 Section 95 insolvency proceedings are confined to the named personal guarantor, and a third party can intervene only if its presence is necessary for effective adjudication and its rights arise from the guarantee or liability in issue. A claimant asserting coparcenary rights in a guarantor's assets, but not being a party to the guarantee, had no right to impleadment where the petition proceeded against another guarantor. Disputed succession and partition claims over a deceased guarantor's assets also could not be decided within Section 95 proceedings and had to be pursued in separate civil proceedings. The challenge to rejection of intervention therefore failed. en-us Mon, 06 Apr 2026 00:00:00 +0530 Wed, 29 Apr 2026 08:16:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790679 Section 95 insolvency proceedings are confined to the named personal guarantor, and a third party can intervene only if its presence is necessary for effective adjudication and its rights arise from the guarantee or liability in issue. A claimant asserting coparcenary rights in a guarantor's assets, but not being a party to the guarantee, had no right to impleadment where the petition proceeded against another guarantor. Disputed succession and partition claims over a deceased guarantor's assets also could not be decided within Section 95 proceedings and had to be pursued in separate civil proceedings. The challenge to rejection of intervention therefore failed. Case-Laws IBC Mon, 06 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790679