https://www.taxtmi.com/caselaws?id=794131 Section 95 proceedings against a personal guarantor were discussed on the basis that admitted signatures on the loan sanction letter, loan agreement and guarantee documents established guarantor liability, especially where the account had become NPA and default was undisputed. Section 99 of the Insolvency and Bankruptcy Code, 2016 was treated as facilitative and recommendatory, so its absence did not vitiate the proceedings on these facts. The plea that the guarantee was executed under duress was rejected as a belated afterthought, and later assertions about ouster from management did not displace the liability arising from the guarantee documentation. en-us Thu, 25 Jun 2026 00:00:00 +0530 Wed, 01 Jul 2026 08:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794131 Section 95 proceedings against a personal guarantor were discussed on the basis that admitted signatures on the loan sanction letter, loan agreement and guarantee documents established guarantor liability, especially where the account had become NPA and default was undisputed. Section 99 of the Insolvency and Bankruptcy Code, 2016 was treated as facilitative and recommendatory, so its absence did not vitiate the proceedings on these facts. The plea that the guarantee was executed under duress was rejected as a belated afterthought, and later assertions about ouster from management did not displace the liability arising from the guarantee documentation. Case-Laws IBC Thu, 25 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794131