Clarificatory amendment to S. 14 IBC retrospective, Moratorium does not extend to Personal Guarantees: SC

Clarificatory amendment to S. 14 IBC retrospective, Moratorium does not extend to Personal Guarantees: SC

The Supreme Court today clarified that moratorium under Section 14 of the Insolvency and Bankruptcy Code (IBC) does not apply with respect to personal guarantees.

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