Surge in personal guarantor cases under IBC in FY23
In the first three quarters of the ongoing fiscal 2023, National Company Law Tribunals (NCLTs) have admitted 117 such cases against personal guarantors, compared with 28 in the entire FY22 and nine in the previous year, data compiled by the Insolvency and Bankruptcy Board of India showed.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
