Never-ending dilemma of personal guarantors under the Insolvency and Bankruptcy Code, 2016
July 21, 2020
On 5 June 2020, the President of India promulgated the Insolvency and Bankruptcy (Amendment) Ordinance, 2020 (Ordinance). It was promulgated to suspend the initiation of fresh insolvency applications under the Insolvency and Bankruptcy Code, 2016 (IBC/Code) for a period of six months from 25.03.2020 to 25.09.2020. It was also provided...
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