https://www.taxtmi.com/caselaws?id=795969 A personal guarantor challenged admission of a personal insolvency resolution process initiated on a financial creditor's application. Following a one-time settlement, the borrower made full and final payment and the bank issued a settlement certificate and agreed to withdraw the process. The appellate tribunal therefore allowed the appeal by consent, set aside the order admitting the personal insolvency process, and closed pending interlocutory applications. The process against the personal guarantor did not continue because no amount remained outstanding under the settlement. en-us Fri, 10 Jul 2026 00:00:00 +0530 Thu, 30 Jul 2026 08:52:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795969 A personal guarantor challenged admission of a personal insolvency resolution process initiated on a financial creditor's application. Following a one-time settlement, the borrower made full and final payment and the bank issued a settlement certificate and agreed to withdraw the process. The appellate tribunal therefore allowed the appeal by consent, set aside the order admitting the personal insolvency process, and closed pending interlocutory applications. The process against the personal guarantor did not continue because no amount remained outstanding under the settlement. Case-Laws IBC Fri, 10 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795969