TMI BlogCIRP - Recovery of dues from the Guarantor, while moratorium was decelerated against the corporate...CIRP - Recovery of dues from the Guarantor, while moratorium was decelerated against the corporate debtor - S. 14 and S.31 of the IBC does not bar initiation and continuation of the SARFAESI proceedings against the Guarantor. As such, the bank has not violated the moratorium as ordered by the NCLT, in initiating SARFAESI Proceedings against Petitioner / Guarantor. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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