Ahir Mitra
Law Student

Lalit Kumar Jain v. Union of India, 2021 SCC OnLine SC 396

The Supreme Court affirmed the provisions of the Insolvency and Bankruptcy Code related to personal guarantor’s insolvency, which was enacted in 2019. The petitioners provided bank and financial institutions with guarantees in their capacities as directors, promoters, chairman, and managing directors of the businesses and the guarantees have been invoked, and procedures against the companies with which they are connected are pending.

User Comments


C2RMTo Know More

Something Awesome Is In The Work









Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.

SAARTHTo Know More

Launching Soon : SAARTH, your complete client, case, practise & document management SAAS application with direct client chat feature.

If you want to know more give us a Call at :+91 98109 29455 or Mail info@soolegal.com