Applicability of set-off during a corporate insolvency resolution process ("CIRP") had been a vexed question. For instance, whilst the National Company Law Appellate Tribunal...
On January 31, 2024, the Insolvency and Bankruptcy Board of India ("IBBI") amended the IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019.
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