Personal Guarantees
Section 95 IBC and Personal Guarantees: What to Review First
An overview of guarantee documents, debt records, notices, limitation and the statutory process for personal guarantors.
Published by Dr. Saurabh Kapoor Law Chambers · Professional profile. This is a general preparation checklist, not a case-specific opinion.
Points to review
- Review the guarantee instrument and invocation.
- Trace the underlying debt and material payments.
- Check limitation and earlier proceedings.
- Read the RP report and objections against the complete record.
This article is general information only. The applicable remedy and procedure depend on the documents, dates, current law, forum and stage of the specific matter. An enquiry does not protect a deadline.
Information to organise for an enquiry
- Proposed client and opposing parties
- Notice or order date and present forum
- Current stage and known upcoming date
- A short, non-confidential factual summary
Related practice information
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