News & Media 24th Jun 2024
The Insolvency and Bankruptcy Board of India (IBBI) has come down hard on personal guarantors in its proposals to reform the resolution process, while it gave more powers to the resolution professional and eased the procedures for MSMEs. The reform package is meant to bolster creditor rights and expedite corporate insolvency resolutions.
In this context, Our Senior Counsel Mukesh Chand speaks to Suryamurthy R from The Telegraph in the piece “Insolvency and Bankruptcy Board clampdown on personal guarantors in bid to bolster creditor rights”.
As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.