Corporate Insolvency Resolution Process initiated against Personal Guarantor for defaulting within 14 days of demand notice.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Initiation of CIRP Proceedings against the Personal Guarantor - Personal Guarantor has defaulted in payment of the dues within the statutory period of 14 days from the service of the demand notice - application has been filed through the Resolution Professional - The Resolution Professional is directed to exercise all the powers as enumerated under Section 99 of the Code read with Rules made thereunder - Tri....
TaxTMI