22 April 2024


News

NCLT, Mumbai: Pre-requisite of Notice to Personal Guarantor Satisfied on Service as Per Form B - 15.02.2022

National Company Law Tribunal, Mumbai has admitted the application filed by the Union Bank of India/Financial Creditor under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC) on the ground that the IBC does not prescribe personal service and service as per Form B is valid for the purposes of a petition under Section 95 of the Code.

Tags : National Company Law Tribunal Pre-requisite of Notice

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