The Banks decided to enforce the personal guarantee provided by Mr. Narayanan. But he contended that the demand is not maintainable in view of the ongoing CIRP. Evaluate.

CS Professional · Insolvency - Law and Practice · PYQS · December 2023
The Banks decided to enforce the personal guarantee provided by Mr. Narayanan. But he contended that the demand is not maintainable in view of the ongoing CIRP. Evaluate.

Topics: Personal Guarantors

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