12 August 2024


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NCLAT: Can’t Interfere with Approval of RP Permitting Creditor to Take Action against Guarantees - 20.02.2025

NCLAT New Delhi bench has held that there cannot be interference with approval of a resolution plan containing a clause that creditors can take appropriate actions in relation to corporate/personal guarantee.

Tags : NCLAT New Delhi Resolution Plan Creditors

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