12 August 2024


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NCLAT: Misnaming Guarantor as 'Director' in SARFAESI Notice Doesn't Void Guarantee Invocation - 09.01.2026

NCLAT, New Delhi, has ruled that merely referring to a personal guarantor as a “Director” in a SARFAESI notice does not invalidate the guarantee’s invocation, provided the notice clearly demands payment of the outstanding dues under the personal guarantee deed.

Tags : Guarantor Director Guarantee

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