June 18, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted an insolvency resolution application against Santosh Jhawar, the personal guarantor of Burgundy Life Style Pvt. Ltd., holding that acknowledgements of debt made by the principal borrower Read more…
June 2, 2026 : In a significant ruling on the liability of personal guarantors under the Insolvency and Bankruptcy Code, 2016 (IBC), the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has dismissed an appeal filed by Raiz Bashirudeen and Read more…
NCLAT, January 7, 2026 : The National Company Law Appellate Tribunal has clarified that a demand notice issued under Section 13(2) of the SARFAESI Act does not lose its legal effect merely because a personal guarantor is described as a Read more…