Insolvency and Bankruptcy Code

A collection of 40 posts
Insolvency and Bankruptcy Code

ICICI Bank Limited v. Era Infrastructure (India) Limited 2026 INSC 201 - IBC - Simultaneous Proceedings Against Corporate Debtor & Principal Guarantor

Read Judgment In LawLens Insolvency and Bankruptcy Code 2016 - Section 7 - The liability of the principal borrower and surety is coextensive- IBC permits separate or simultaneous proceedings to be initiated under Section 7 by a financial creditor against the corporate debtor and the corporate guarantor. (Para 77-78) Insolvency
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