This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Writ by personal guarantor not maintained as proceeding u/s. 95 of IBC pending
Case Law Details
- Case Name
- Sanjay Jhunjhunwala & Ors Vs Piramal Finance Limited & Ors (Calcutta High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Calcutta High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Sanjay Jhunjhunwala & Ors Vs Piramal Finance Limited & Ors (Calcutta High Court)
Calcutta High Court held that present writ petition filed by personal guarantor is not maintainable since the proceeding u/s. 95 of the IBC is pending before Adjudicating Authority and petition is filed without taking appropriate steps before appropriate forum.
Facts- The petitioners are guarantors who have provided personal guarantees securing the Credit Facilities availed by the respondent no.3. The respondent no.1 is a non-banking financial company engaged in the businesses of lending monies to individ...
Author Info
