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NCLAT Fortnightly: Important orders on IBC (March 1 – March 15, 2024)

Insolvency Law, Trinity Chambers, IBC

In recent times, several noteworthy judgments have been rendered by the Indian Courts and Tribunals in matters relating to the Insolvency and Bankruptcy Code, 2016 (IBC). Some decisions rendered from.

Delhi HC Rejects Personal Guarantor s Petition Challenging Demand Notice Issued Under IBC

The Delhi high court (HC) has dismissed a petition challenging a demand notice issued under the Insolvency and Bankruptcy Code (IBC) by New Delhi-based Vineet Saraf, a personal guarantor for a loan of Rs517.90 crore obtained by one FACOR Power Ltd from Rural Electrification Corporation Ltd (REC).

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