Tag: Dissolution

Insolvency Resolution Process Against Personal Guarantors

Dec 17, 2021

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aarnalawadmin

in Bankruptcy and insolvency, Blogs

Shreyas Jayasimha and Tushar Tyagi The Ministry of Corporate Affairs (“MCA“) issued a notification dated 15 November 2019 (“Notification“) that give effect to provisions for conducting the insolvency resolution process against personal guarantors under the Insolvency and Bankruptcy Code, 2016 (“IBCode“) w.e.f. 01 December 2019 (“Commencement Date“).[1] [1] Notification of provisions under the Insolvency and…