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Supreme Court empowers Creditors: Guarantors Liable for Non-Corporate Borrowers’ Defaults under IBC
In the case of K. Paramasivam v. Karur Vysya Bank & Anr. [i] , the Supreme Court has rendered a significant decision, affirming that...
May 25, 20233 min read
Gujarat High Court Denies Protection: Petitioner's Bid to Escape Wilful Defaulter Tag Rejected
Introduction: The Gujarat High Court recently rendered a noteworthy judgment in the case of Jagdish Prasad Saboo vs IDBI Bank Limited ....
May 17, 20233 min read
[SC] CIRP can be initiated against a person who acted in dual capacity as a borrower and a pledgor
The Supreme Court has held, in Maitreya Doshi v Anand Rathi Global Finance Limited 2022 SCC OnLine SC 1276 , that corporate insolvency...
Oct 10, 20223 min read
Supremacy of IBC over Customs Act: Supreme Court’s Protective Shield for Corporate Debtors
Introduction On 26.08.2022, the Supreme Court ( ‘SC’ ) delivered a seminal verdict in the case of Sundresh Bhatt, Liquidator of ABG...
Sep 9, 20225 min read