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‘Promoters, think before you sign that guarantee’ May 27, 2021 Bijoy Pulipra, Insolvency Professional and Company Secretary× Assess first, future business and prospects Entrepreneurs will be well advised to think twice before they sign the documentation for personal guarantee for their company and sign it only if they are fully convinced about the prospects and future of the business. This is the most important takeaway from the Supreme Court’s clearing the ambiguity over partial notification of provisions in Part III of the Insolvency and Bankruptcy Code enabling creditors to invoke the personal guarantee of promoters of a corporate debtor, says Bijoy Pulipra, Insolvency Professional and Company Secretary. ....
Liberty Mutual mergers surety and guarantee operations in Europe 02-03-2021 More on this story 11-02-2020 Liberty Mutual Insurance has consolidated its surety and guarantee operations across the European Union (EU) under a single entity rebranded to Liberty Mutual Surety. The rest of this article is locked. Please login to continue reading.
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