https://www.taxtmi.com/highlights?id=104085 Interim moratorium under the Insolvency and Bankruptcy Code no longer applies to personal guarantors of corporate debtors from 26 May 2026, including where insolvency applications were already pending before the Adjudicating Authority. The amendments inserting sub-sections (4) to sections 96 and 124 apply to pending applications: the phrase "is filed" includes applications filed before the effective date that remained under adjudication. Consequently, the moratorium previously protecting such guarantors ceased, and proceedings otherwise barred by section 96 may continue. en-us Tue, 22 Sep 2026 18:52:42 +0530 Tue, 22 Sep 2026 18:52:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=104085 Interim moratorium under the Insolvency and Bankruptcy Code no longer applies to personal guarantors of corporate debtors from 26 May 2026, including where insolvency applications were already pending before the Adjudicating Authority. The amendments inserting sub-sections (4) to sections 96 and 124 apply to pending applications: the phrase "is filed" includes applications filed before the effective date that remained under adjudication. Consequently, the moratorium previously protecting such guarantors ceased, and proceedings otherwise barred by section 96 may continue. Highlights IBC Tue, 22 Sep 2026 18:52:42 +0530 https://www.taxtmi.com/highlights?id=104085