IBBI, NCLAT Delhi Judgement Dated 29/10/2025 – Resignation from directorship of Corporate Debtor does not lead to revocation of Personal Guarantee 

Case of Subhash Aggarwal vs State Bank of India, NCLAT Delhi Judgement Dated 29th October 2025. The appellate tribunal held that resignation from directorship of Corporate Debtor not a sufficient ground leading to revocation of his personal guarantee. Accordingly, application under section 95 of the IBC rightly admitted for failure of repayment in respect of their guarantee obligation. 

(Link: NCLAT Delhi Judgement Dated 29/10/2025)

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