Personal Guarantor under Insolvency and Bankruptcy Code 2016
- August 13, 2025
Introduction The Insolvency and Bankruptcy Code, 2016 (IBC) has radically transformed the corporate debt resolution framework in India by introducing time-bound processes and strengthening creditor rights. While much of the discussion around the IBC revolves around corporate debtors, a crucial aspect is its treatment of personal guarantors to corporate debtors. A personal guarantor is an…