The provisions pertaining to Personal Guarantor under IBC were enforced w.e.f 01.12.2019 by the Ministry of Corporate Affairs. The issue of insolvency resolution of Personal Guarantors to Corporate Debtors has assumed importance only recently. Further, the issue of constitutionality of provisions of Personal Guarantors in IBC is pending before Hon’ble Supreme Court. In this backdrop, …

BVSS IBC Group organized a Panel Discussion with Questions and answers on Topic: Professional Opportunities in IBC in current scenario – Issues, Challenges and unanswered Questions Panelists: Advocate (CS) G.P. Madaan, Corporate Lawyer and Advisor IBC Group Advocate (CA) Puneet Agrawal, Managing Partner, ALA Legal & Convenor IBC Group CA Manoj Anand, Insolvency Professional & …

The Ministry of Law and Justice, on 5th June, 2020 notified the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020 as promulgated by the President. By virtue of the IBC (Amendment) Ordinance, Section 10A has been inserted in the Insolvency and Bankruptcy Code, 2016 with the object to suspend the operation of Section 7, 9 and …