IBBI, NCLAT Delhi Judgement Dated 19/12/2029 – Insolvency Proceedings against Personal Guarantors upheld despite Corporate CIRP 

Case of Neeta Saha vs Assets Care & Reconstruction Enterprise Ltd, NCLAT Delhi Judgement Dated 19th December 2025. The appellate tribunal held that moratorium under Section 14 of the IBC does not preclude Financial Creditors from issuing a loan recall notice to Personal Guarantor during CIRP of Principal Borrower, nor from filing an application under Section 95 against Personal Guarantor.

(Link: NCLAT Delhi Judgement Dated 19/12/2025)

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top