Delhi HC issues notice in Sanjay Singal's challenge to IBC provisions on insolvency proceedings against personal guarantors

The Court refused to pass any order of stay in respect to SBI's notice to Singal under the personal insolvency law.
Delhi HC issues notice in Sanjay Singal's challenge to IBC provisions on insolvency proceedings against personal guarantors
Delhi High Court

The Delhi High Court yesterday issued notice in petition by ex-Chairman of Bhushan Power and Steel Ltd, Sanjay Singal challenging the provisions on personal insolvency proceedings against personal guarantors under the Insolvency & Bankruptcy Code, 2016.

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